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.
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...
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.
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.
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.
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!