Bradford & Bingley International

Looking backwards in order to look forwards might sound an odd thing to suggest, but often the key to the future is still in an old door. Products and interest rates are perhaps the best indicators of what is afoot on the global stage. At present, UK interest rates remain very low in comparison to years gone by, and the likelihood is they will remain at or near 5% for some time to come. Trend spotters will have noticed that a hockey stick has gotten hold of the UK base rate and is presently on a slight upward curve. However, despite forward rates that today show a 30bp-35bp premium over fiv...