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Interest Rates To Rise Again.

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gulliver1 | 08:44 Thu 03rd Aug 2023 | News
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This Govt will hike up interest rates again this week for the 14th consecutive time.
The Tories are saying ,"To get inflation under control we have to make the public ...Poor..They have to have less money or it will not work...........But it won't affect MPs of course.
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It’s interesting how many ABers don’t seem to understand how this interest rate rising, effects the economy. I first came across this while still living at home with my parents (in a mortgage free house). A colleague (who had recently bought a flat) was complaining bitterly that the government was severely limiting his spending money (to control...
11:42 Thu 03rd Aug 2023
Yet another aspect of life which you have a frail grasp of which will lead to you calling people idiots etc.

Wast of time and space.
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Back to the old Tory motto then..."If it isn't hurting it isn't working"
With every post your ignorance is compounded.
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Zm 09.46...I think you are a.... "Wast of time and space" Also.
And there we go!
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09.58 Zm as you say... "Ignorance is compounded"
^
even though you dont understand it you have cut and pasted it...
and as always you show how immature you are with your schoolboy like retorts
"This Govt will hike up interest rates again this week for the 14th consecutive time."

The Bank of England's Monetary Policy Committee [MPC] sets the interest rate, not the government.
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Getting back to the OP .There is real panick among Tory MPs that interest rates will be will still be high at the next GE, which is not very far away and this fact could be the End of the Tories for quite some time.
Hi Gullz - I see post 1 attempts to rip your face off.

you are allowed a certain amount of free speech on AB ( hem hem).(*)

and no it will affect MPs ( ay hev no idea what prices in the commons Bar are). and yes one can say, interest rates ( a crude instrument) will limit M3 ( some money pool) and so bring inflation down

I dont see why some on AB are so distressed about basic facts ( facts only come out of AH's mouth apparently, he tells me. Naomi has a spazzie if she sees Latin er facti) - yes interest rates will have gone up for a fourteenth time....

all power to your elbow dear boy

كل القوة لمرفقك - that was quite fun: "cool gawa limir-***-kick"

omne potestatem tuam cubiti - not sure if Boris wd like that... or N. I think the second word should be nom - potestas, imperium wd be more golden age classical

(*) this is gonna be tried by the president of the greatest country on earth - Trump is gonna please he had a first amendment right to tell people to overthrow the elected govt)
oh, auntie has intervened - three stars are "eff-ay-kay"
rhymes with track
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10,06. TCL I can assure you ,,Andrew Bailey isn't a member of the Labour Party.
"The Bank of England's Monetary Policy Committee [MPC] sets the interest rate, not the government."

oh dear..facts , the OP wont like you...as usual hes been owned...have to laugh
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When inflation starts to rise, we do not have many tools at our disposal says one Tory MP .We just have to sit back and wait for the medicine to work.
......Bet there isn't many Tory MPs taking any medicine ......Just Joe public.
so now youre diverting away from how your OP is wrong and your lack of basic knowledge....hahahaha
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There is also concern within the Con Party, that the continued hiking of interest rates may even harm the economy ...rather than bring down inflation. Oh dear.
"This Govt will hike up interest rates again this week for the 14th consecutive time."

you have a link that shows you are wrong, factually incorrect.
will you admit you are wrong..its a yes or no answer, its that simple...
Baz you’re wasting your time , his yesterdays post in the Ed’s blog wasn’t even answered by an Ed, he can and will get away with anything he wants on here…FACT!
Blimey how can a mad mod delete an entry wiv only a little Latin in it?
such is the mimsy AB nowadays

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