Interest-ing

I see that interest rates have taken another dive. We have no savings to speak of, and no mortgage. The only interest I have in interest concerns the rates for personal loans and credit cards. Disappointingly, these have not budged one bit. Typical! Maybe instead of cutting a whopping 2.5% off the VAT rate (which I'm not sure will have the desired effect), Mr Darling could have a chat with the banks about their rates for unsecured borrowing.