GSF
Region: GB
Thursday 05 November 2026 14:52:39 GMT
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Tyler.d :
its fine by me as saving rates will be going up!👍
2026-11-06 13:29:02
0
Edwardo1976 :
Trying to bankrupt the working person!
2026-11-06 12:51:08
2
SeaGoat :
Stop getting mortgage don’t get hp or pcp only buy what you can afford 👍
2026-11-06 10:58:25
1
Th3Doctor :
You are correct, but the governor of the Bank of England is dangerously out of his depth.
2026-11-05 17:53:22
59
darkbunny :
we on a death spiral country has no money
2026-11-06 14:31:02
1
Raj C :
Already in a Recession. Mashed figures to make it look like we are not.
2026-11-06 06:52:22
1
maranally10 :
it's the govt that are spending shitloads of our money.
2026-11-06 10:01:04
4
drew_Ev :
TRANSFER OF WEALTH. THEY DON'T CARE THEY JUST WANT MORE MORE MORE
2026-11-06 06:51:38
13
popsicopops :
End stage capitalism….. the end is neigh
2026-11-05 20:51:01
19
aroon0001 :
Wages are rising 4% a year. With 4% wage increases a year you get higher than 2% inflation. Rates are too low given where inflation is heading.
2026-11-05 21:54:21
6
g_low86 :
It’s such an outdated and dangerous mechanism. I can’t understand why it’s used other than the fact it seem to help the banks make more money. Interest rating increases is inflationary to it’s a double whammy
2026-11-06 06:47:29
12
Ian At Clarity Mortgages 😀 :
Monetary policy isn't something only used when inflation is consumer-led unfortunately. That's simply not how it works. Central banks have a 2% inflation target.. regardless of where the inflation originally comes from. Of course raising bbr won't produce more oil or resolve conflicts in the Middle East...but if those price rises move into wages, business costs and wider inflation, the Bank has to act 1st before that happens. That's the bit you're missing, and you've completely ignored what's happening in global bond markets, government borrowing and the trillions being pumped into the AI build out. You can argue whether the Bank has made the right decision, but claiming interest rates should only be used against consumer led inflation is incorrect. In the last six or so months, at least 9 other major central banks have raised interest rates...not just the BOE.
2026-11-06 07:45:39
1
ceciliawills_ :
this inflation is to do with government decisions... increase in living wage and public sector pay... it's a government-driven wage price spiral. Don't be duped into thinking it's anything to do with geopolitics.
2026-11-06 10:27:34
0
Peter Nicholls :
Agree. No one ever explains why this is necessary when gas etc is out of our control 😡
2026-11-06 09:48:24
4
davelane792 :
💯% mate exactly what I've been saying 🤦
2026-11-06 10:48:00
1
zippy :
100 % CORRECT
2026-11-06 09:06:31
2
Run_vic :
It's madness
2026-11-06 10:29:25
1
joe :
Greed 🤔
2026-11-06 16:11:18
1
sirdoug87 :
because there are no other levers
2026-11-06 08:09:24
3
johnm0612 :
The chancellor should take back control of interest rates
2026-11-06 10:37:45
2
T.u.d.k. 801 :
It’s fantastic interest rates have gone up. It’s fantastic. I’m sick of paying for other people.
2026-11-06 07:36:50
0
Dean the Builder :
This country is in recession
2026-11-06 09:13:45
1
siwill74 :
we ain't sleepwalking into a recession, we've been wide awake running in that direction for a while
2026-11-06 15:57:48
1
Richard Thatcher :
100% agree. it will just case unemployment and a recession. lunacy
2026-11-06 16:03:20
1
YesterdaysFavourite :
They saw massive energy company profiteering and thought we will do the same.
2026-11-06 09:30:12
1
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