When the Bank of England announced its single biggest interest rate hike in 33 years last week, and warned that the UK faces its longest recession ever, it forgot to mention one important detail. It’s the actions of the Bank …
Interest Rates UP UP And Away / Hugo Talks
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Hysteria has derailed Kwasi Kwarteng
No doubt Kwasi Kwarteng expected to spend yesterday morning putting the finishing touches to his Party Conference speech. Instead, 10 days after he announced his plan to scrap the top rate of income tax, Britain’s Chancellor found himself being schooled …
What Emergency Is It Today?? Hugo Talks
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Source: Hugo Talks Read the original article here: https://hugotalks.com …
Bankers have failed us again
A year ago, the governor of the Bank of England tried to downplay growing fears of inflation. Any increase, Andrew Bailey assured us, was understandable given the “bumpy” economic recovery after the pandemic, and he expected “it to come back …
