Do you agree with the bank’s rates decision?
ANDREW CLAUDET | CHEESWORTHS
“My gut feeling is they should have raised rates. It’s a tough call really. But I am worried about inflation because I think the rates they publish are not always indicative of costs, for example with petrol prices. I’m a saver so my savings aren’t going to be worth much.”
GAJ PILLAI | GUY CARPENTER
“Personally for me, the decision was good. I’ve got an interest-only mortgage. It’s hard to borrow at the moment and a lot of guys my age are trying to get on the property ladder. I’m not too worried about inflation. Savings get hit but I’m watching my spending.”
JOHN HUTTON-ATTENBOROUGH
“It’s fine as a decision. I work on the basis that if interest rates go up too quickly, it could trigger a downturn. I would worry if inflation goes above five per cent, but if it stays below then I’m not too worried about it.”