Great, now the #uk #government is picking up the #bankofengland #boes 's #tab https://www.zerohedge.com/economics/uk-t.. This never goes well... I still don't think there is a nice way out of this. The #uk #government should be cutting #services effective immediately.
Interesting, #bankofengland #boe 's #support #plan has #failed as #gilt #yields explode again: https://www.zerohedge.com/markets/its-ex.. Apparently this is now #spreading to the #us too! There are fewer and fewer #options left, it is likely we will see a hard #recession and insane #inflation soon. #winter is coming.
Apparently the #boe #bankofengland are telling #workers and #businesses not to ask for a #payrise as times are about to get tougher due to #inflation - estimated to be at 7.25% https://www.zerohedge.com/economics/brit.. This comes at the same time when #uk #pm #boris plans to add further #energy #tax . People have seen their #energy #bills raise by *double* during recent times, enough to sink the people barely afloat.
@barray on Tue Nov 09 11:39:43 UTC 2021 said: &eApparently the #governor of the #bankofengland is feeling 'uneasy' about future #uk #inflation https://www.lotuseaters.com/bank-of-engl.. Apparently the #bank expects inflation to increase by at least 5% - and I believe them. Bare in mind that we still have a #wage #freeze *and* we have #shrinkflation , #increased #tax and new #climatechange #projects to #fund ... We are absolutely screwed.Things must be *really* bad, the #bankofengland are #apologising for the coming #inflation ! https://www.zerohedge.com/personal-finan.. They are directly suggesting that this will have a very real #impact on #qualityoflife for the average #british person in the #uk ... I can only imagine that every other #country is yet to wake up to to this reality.
Things must be *really* bad, the #bankofengland are #apologising for the coming #inflation ! https://www.zerohedge.com/personal-finan.. They are directly suggesting that this will have a very real #impact on #qualityoflife for the average #british person in the #uk ... I can only imagine that every other #country is yet to wake up to to this reality.
Very good move my the #uk 's #bank #bankofengland https://www.itnews.com.au/news/bank-of-e.. Relying too much on a specific #cloud provider could be absolutely catastrophic to the #banking infrastructure.