I spent many of my formative years working in pubs. Every night we rang the bell for last orders before 10.30 chucking-out (yes, really) time. If, while on summer hols in Devon, we were still sitting in a restaurant at 9pm, the staff would be hoovering around our feet and loudly yawning. So for many of us, the Boris Ban is simply back to the ’70s. If only the music was still as good.
“Interest rate hike triggers largest wealth decline for UK households since WWII”
You might not have realised it, but ‘over the past four decades, wealth has soared across Britain’. And the sudden and big jump in interest rates in the past few months will have long-term effects, £2tn-worth, it’s thought.
