Bank of England raises interest rate to 5% | Morning Markets

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The Bank of England has raised the UK interest rate to a fifteen year high at 5%, what will this mean for markets and investors? Subscribe to the True Potential YouTube Channel to learn more.

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#interestrates #inflation #markets
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Scary stuff. Torn 2 ways on this. I'm lucky enough to have investments with True Potential but my investments are losing money due to the effect of this financial turmoil. On the other hand my basic unskilled job wages are not Increasing but costs of food, fuel for the car to drive to work are hitting everyone so will be important to stop inflation. The problem for the current British Government is that they have overseen the Brexit debacle and are still impacted by the Boris and Liz Truss disasters. Need a new government with a clean sheet to tackle this issue?

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More losses when we going to make some excuse after excuse

bigo