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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by BankruptcyNews[/i] [br]Consumers braced for higher rates The vast majority of UK consumers are resigned to higher interest rates, a Lloyds TSB survey suggests. Eight out of 10 consumers said they expected UK interest rates to be higher a year from now. In addition, three quarters of consumers expect price inflation to rise over the next twelve months. But despite the gloom over prices and rates, consumers felt more confident about keeping their job in April than they had done the previous month. In total, 76% of consumers said they felt secure in their job. Overall, the bank said consumers would take recent interest rate rises in their stride, because they had been widely anticipated rather than coming out of the blue. UK interest rates have now risen four times since last summer, with some experts predicting further increases to come. Consumers tightening their belts was likely, the bank said. "With high price expectations and the recent rate rise we're likely to see some slowdown in consumer spending but with job security remaining strong, the impact won't be drastic," Trevor Williams, chief economist at Lloyds TSB Corporate Markets, said. Last week, the Nationwide Building Society said that consumer confidence was at its highest since October 2006. Source: bbc.co.uk See my Blogs: http://bankruptcynews.blogs.bankruptcyhelp.org.uk [/quote]   Check here to include your profile signature.