Search results

A very good summary of why we are here and why it's only going to get worse Why the Bank of England can’t fix inflation being driven by Brexit, war and a Covid hangover Britain’s problem isn’t so much that it now has runaway inflation but that it’s the wrong kind of inflation altogether. It’s...

If I've understood the last few pages of this thread correctly, the answer to what the Government should do about the 'base rate mortgage hike time bomb', is to divide people into groups, by arbitrary dates of birth and then get them all to blame and argue with each other, totally ignoring the...

When has a single mother on minimum wage ever been in a position to buy a property ? When I was one of the children of a single mother working full time, we lived on a council estate, (remember 'latch key kids?) and struggled to get by. That is why there is a need for social housing and the...

Returning the original thread subject, expect more of the same tomorrow How high will UK interest rates go? The inflation figures the UK reported on Wednesday were not just objectively bad, with prices rising just as fast as a month before. They also come at a supremely sensitive time, with the...

It looks to me as if two issues are being conflated in this discussion 1. The artificially high (most would agree) Property prices in the UK. 2. The immediate and continuing increase in Mortgage rates. High Cost of Property. I believe there are only two ways this can be addressed. Either a...

He speaks very highly of you :wink:

What you say about energy and it's effect on inflation together with long term fixed mortgages I agree with completely. However, I believe (and I'm not alone) energy is only one of the two biggest drivers behind the current inflation rates and subsequent interest rate rises, the second of which...

If you haven't already, PM @Uncle Spielberg

Sorry, I meant initially getting inflation to slow or even stop it. I believe that what we are seeing is a culmination of over 3.5 years of Government policy and there are absolutely no signs of it changing. If it took 3.5 years to get to this state, it's going to take a bloody sight longer to...

I am afraid that interest rates and mortgages aren't going to stop increasing unless we can stop inflation increasing and certainly recently, the Government seem to have other priorities occupying them. Even with immediate changes to the major inflation drivers, the effects won't be felt for a...