“Will UK interest rates rise next month”

Apparently the Bank of England has been nicknamed ‘Unreliable Boyfriend’ in financial circles as it keeps ‘raising expectations’ that it will increase interest rates then ‘failing to deliver’. A tad sexist, I think, as I’m sure I remember plenty of girlfriends who did the same. Anyway, various Bank persons have said next month is the month when rates may go up to 0.5% or even 0.75% and the result each time is that you can buy more $ or € for your £; until, of course, they ‘fail to deliver’ again. Let’s see if the boyfriend follows through and buys dinner (insert your own metaphor here) this time.

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