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Expert warns echoes of 1990s as wave of personal insolvencies likely

2022 is likely to see a dramatic rise in personal bankruptcies and asset repossessions across the South East as inflation and interest rates begin to climb and consumers struggle to… The post Expert warns echoes of 1990s as wave of personal insolvencies likely appeared first on London Business News | Londonlovesbusiness.com.

Interest rate increases may make some people worse off

Any gains in interest rates increasing will be lost by increasing tax bills and many people will be worse off, say leading tax and advisory firm Blick Rothenberg. Paul Haywood-Schiefer,… The post Interest rate increases may make some people worse off appeared first on London Business News | Londonlovesbusiness.com.

Bank of England warns of interest hike as Bailey is ‘very uneasy’ and could take action by December

The Governor of the Bank of England, David Bailey has said he is “very uneasy” over inflation soaring and has warned that interest rates could rise by the end of… The post Bank of England warns of interest hike as Bailey is ‘very uneasy’ and could take action by December appeared first on London Business…

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