People thinking of re-mortgaging to enjoy the savings brought by recent interest rate cuts may be in for a nasty surprise The Bank of England cut interest rates by 0

Last week’s Deloitte Economic Review said the UK economy was at its weakest for 15 years, and that recession was a possibility by 2010 It also forecast a fall in house prices of five per cent by the beginning of next year, and said that the UK would not be bailed out by a strong global economy as it was in 2005