|
 Keith McNeilly, Co-founder of Moveme.com, responds to the Bank of England's decision to hold rates at 5% today:
“While today's decision to hold rates has come as no surprise, it once again reflects the MPC's tendency to put inflation fears ahead of a struggling economy and a stalling housing market.
“Despite a series of lacklustre measures introduced by the Government earlier this week, the housing market is still facing turbulent times - with house prices continuing to fall and buyers staying away in their droves. A cut in rates, combined with a much needed cut in the cost of borrowing is essential if we are to steer the market back to more buoyant times.”
For a useful, free to use MovePlanner, go to www.moveme.com
About Moveme.com
Moveme.com is the leading specialist home move website with 100,000+ members across the UK to date. Launched in February 2007, the Moveme.com website has recently been relaunched to include more functions to greater enhance the consumer offering.
Moveme.com's award winning free personalised online planner - the MovePlanner™, is a simple to use tool that takes the pain out of moving home from organising change of address letters to reminders for every stage of the move. In addition to helping people save time, Moveme.com enables its users to save money by accessing directly exclusive discounts and offers with many relevant service providers, such as removal companies, utilities and surveyors.
Moveme.com is based in London, and backed by consumer internet specialists including Advent Venture Partners, Balderton Capital and The Accelerator Group. For further information visit www.moveme.com.
|
