the highest rates in 22 years, the ecb also had a record high with their rates but what sally has just said, there is hope here we are coming to the end of this. is that the feeling globally, as well? definitely, i think the worst is behind us when it comes to the tightening, but the problem is the embedded tightening, so i think we haven t seen the effects of it, very abrupt, very strong and, to be fair, quite surprising in a way after years of very low interest rates including through the pandemic so we haven t seen the full impact on the uk to british households. of course it is a question of those exiting their fixed it is a question of those exiting theirfixed mortgage rates and entering more variable rates or what, so this could cost more for an average families imagine the cost of real disposable incomes for families. one point also is the bankruptcy situation. the uk is now at the top of bankruptcy situations,