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.
“Autumn Statement 2022: Key points at-a-glance”
Rather than rehash everything that will be in the headlines, I thought it might be helpful to concentrate on a few of the things in the BudgetSorryAutumnStatement that will affect our actual clients most.
