The irony of this is that this is the opposite of what the Bank of England is trying to achieve with the rise in interest rates. Which shows the problem can’t be solved simply through the fiscal apparatus of the BoE and needs the government to actually do something about the other economic pressures.
The irony of this is that this is the opposite of what the Bank of England is trying to achieve with the rise in interest rates. Which shows the problem can’t be solved simply through the fiscal apparatus of the BoE and needs the government to actually do something about the other economic pressures.