RE: December rate rise8 Nov 2021 19:13
Everyone desperately praying for a BoE rate rise on here!
But it is unlikely.
In just a few weeks, you will see a massive Tory tax raid on your wage packet. Millions will be thousands poorer. Your income tax, NI tax, social tax, council tax, dividend tax, corporate tax -- it's all going up and up and up. Your spending power is going down and down and down.
This will be followed in a year or two by more capital-gains tax, more pension tax, more inheritance tax, and almost certainly a wealth tax.
Energy inflation has already started coming down in recent days.
There is no need at all for a BoE rate rise.