With the UK Base Rate currently set at 50 basis points (bps) and one year sterling London Inter-bank Offered Rate (LIBOR) at a historic low of 1.25%, it is unlikely that interest rates can fall much further.
March 17, 2010 at 08:04 PM
1 minute read
The original version of this story was published on Legalweek
With interest rates at record lows, Michael Kay says now is the time to take advantage of long-term affordable financing options
With the UK Base Rate currently set at 50 basis points (bps) and one year sterling London Inter-bank Offered Rate (LIBOR) at a historic low of 1.25%, it is unlikely that interest rates can fall much further.
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