RE: When interest rates go up following America this month, lots of pensioners gain income to spend on Carnival cruises8 Sep 2023 15:41
Haute, I’m with Bhants on this one. Our interest rates are probably about as high as they are likely to go barring any shattering news. But certainly your comment regarding pensioners having more cash is very true. A potential 8.2% is rumoured which, II believe will be honoured. If that increase carries over to the public sector pensions as it normally does, and I believe it will as it is written in to the legislation, at a time when inflation may be 5% or less (next April) there will be some very happy pensioners indeed.
I have a number of friends who cruise and this years increase of 10.1% was certainly spent on a number of cruises. We shall see