This headline reminds me that interest rates were effectively at zero for most of the lost 14 Tory years. They could have borrowed billions cheaply and rebuilt our infrastructure and economy.

Instead they inflicted austerity on us and let the country go to the dogs.

https://www.bbc.co.uk/news/articles/czdq9gzdq5qo

#politics #ukpolitics #uk #tories #labour #austerity

Bank hints at rate cuts, but don't expect Covid-era mortgage deals

The Bank of England may have suggested more rate cuts are on the way, but they are unlikely to go much lower.

BBC News