With July inflation down to 6.8 per cent, households are seeing a boost in real income for the first time in over a year. But the Bank of England will be nervous.
Interest rates are likely to be close to their peak, the governor of the Bank of England said on Wednesday, in a hint that homeowners and the housing market may soon suffer less uncertainty.
In the Middle Ages anyone caught undermining the trust in the country s currency was put to death. Harsh maybe, but in light of this weeks interest rate hike maybe it s not all bad! writes Annabelle Sanderson.