You may think things are bad in the UK at the moment, but, it’s going to get a lot worse in the coming six months. Inflation today is 10.1% measuredContinue readingThe Cost of Living Crisis has just started
Many people have stated that the high price of wholesale gas has led to massive hikes in the unit cost of electricty and gas in the UK. OK, I sortContinue readingHow does an interest rate rise bring down the high cost of energy in the UK?
The Bank of England, today, raised interest rates to 1.75%. The rise of 0.5% (50 basis points) is the biggest rise in twenty seven years. The vote was eight toContinue readingThe Bank of England has raised interest rates to 1.75%