UK Economy

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UK has no alternative to Bank interest rate rises to calm inflation - Hunt (www.bbc.co.uk)

submitted 2 years ago by Lifebandit666 to c/ukeconomy

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[–] Lubricate7931 2 points 2 years ago

Tbf to the Tories they won't be doing this to solve the cost of living crisis, or to address any supply side drivers, as they don't care. Its for the macro financial interests of themselves and the like.

I know its BoE, i mean the Tories inaction to account for the need for it. BoE has one main tool and pressure to use it. Consumers aren't people but fictitious economic entities that can 'adjust' in their minds

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