Rachel reeves driving up prices with tax and spend budget warns Bank of England on 09:32 - Nov 8 by OldFart71Nope. My concern is that the increase in spending and piling extra cost on to industry doesn't achieve that much and causes more misery to those with mortgages by the cost of them not coming down whilst pay rises are hit by the extra cost of N.I. It could lead to Labour just pouring more money into the so called Black Hole that Labour say the Tories left. Interest rates are currently at a "normal" historical level. And wht happens when the easy solutions don't work?

Source: The Guardian November 08, 2024 15:02 UTC