HOW MUCH MORE PAIN IS THERE TO COME?
"We are only now seeing the huge knock-on effect on mortgage rates as previous deals are rolling off in significant numbers. This, above all else, may curtail future interest rate hikes here in the UK.”
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UK
Bank of England raises interest rates from 4% to 4.25%
Jayakumar Venkataraman, Managing Partner, Europe, Financial Services and Insurance at Infosys Consulting:
“For almost a decade, banks have been operating at low rates because of the Bank of England keeping rates significantly low,…
How to Manage Finance During a Recession
The Bank of England’s recent announcement that the UK is facing its longest recession since records began will have caused concern for business leaders across the country. Many will be wondering how they can cut costs without negatively…
Out of the Frying Pan & into the Fire
Swapping stupidity for austerity
Liz Truss Unveils Plan to Limit Energy Bills
UK’s New Prime Minister has announced plans to tackle the rising energy bills, saying that the typical household energy bill will be capped at £2,500 per year for two years, starting from 1 October 2022.
