Ah it’s a token gesture at best, the economy is slowing at a rate not seen since 2008 when were at 5%, 6 months later and it was at 0.5% and ‘home owners’ who of course are always protected at all costs saw their mortgages fall (either immediately or at renewal) by hundreds of pounds a month, that many households having that much extra spending power a month can change the economy.
.25% what’s that, £10-£30 a month? If the banks pass it on? Sorry, not, not going to help.
So here it is “Project Fear” we’ve not even started the process of leaving yet and we’re trying to stop the ship sinking, the same ship that’s not been fixed since the last iceberg we hit.
I suppose one thing to remember is that when Gove, Boris and Farage were bleating about “Project Fear” they never said is was unfounded fear.