View more on these topics

Libor plummets to 3.37%

Libor rates have plummeted to just 3.37 per cent but still remain far off from Bank base rate after yesterday’s interest rate drop.

Three-month Libor fell to 3.37 per cent this afternoon, but the Bank of England’s rate cut of 1 per cent means Libor is still 1.37 per cent above base rate.

Recommended

The importance of regulating sale and rentback

The issue of sale and rent back has hit the headlines once again, as Britons facing the economic downturn cast about for ways to ease their financial suffering.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment