FOR the record, I’m still looking for a decent wall to bop my head off when I think of the UK’s financial policy now.
On the one hand, it’s repeated carefully everywhere that ‘Russia’s invasion of Ukraine is causing the crisis’ (when it isn’t and didn’t), yet they want to: increase your mortgage rates to slow down your spending, but 24 hours later offer massive tax cuts to those who don’t actually need it – wait for it – to boost the economy and growth.
I’m just not bright enough to work it out it seems! Please tell me how someone’s mortgage rate will increase supply chains; release blockages caused by zero Covid policies in manufacturing countries; take care of the manufacturing issues caused by small parts not being available to create the big parts; slow down institutions buying commodities driving up their prices; excess charging structures of energy companies.
