Interest rates are now at their lowest levels since 1951. As the government
desperately attempts to avoid a prolonged recession in the UK, interest
rates are likely to fall further over the coming months. The US rates have
been cut to 1% and with oil prices declining and UK inflationary threat
easing, the Bank will be under pressure to cut rates again early next year.
Don't be surprised if they drop to as low as 0.5% by June.