The Bank of England has just announced that it's upping it's interest rates from 0.75% to 1%, the highest set since 2009.
also marks the 4th time the bank of restraint has
increased it's interest rates in the last 5 months.
is already evidence that this will devastate those seeking mortgages
or much needed loans as the cost of living crisis triggered by the
Covid Pandemic and Russia's invasion of Ukraine in February continues
to tighten it's noose around the necks of British wallets.