Quote:
Originally Posted by Hugh
My energy bills will be nearly 3 times that of the previous year (and I’m using less), mortgage rates are being raised, pension funds nearly became illiquid requiring the Bank of England to intervene, they’ve increased the size and cost of Government Debt to give money to those who are (mostly) the most well-off, they caused the pound to crash, and we don’t know if it’s affordable…
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Same here, but energy increases are not peculiar to the UK, mortgage rates have been rock bottom for over a decade, its savers turn, the independent BoE is rightly being creative in testing times, borrowing is to stimulate the city but yes, the debt is concerning, and the notoriously nervous markets caused the 'crash'; the pound is rebounding.
As for the future, I don't have crystal balls
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