“Bank of England holds rates as it pumps extra £150bn into economy”

Nov 5, 2020 | Economy

An independent (financial adviser’s) view

Here’s why we’ll be OK for quite a while to come, investment-wise at least. It’s not just the dear old Bank of England which is pumping money into the economy and keeping interest rates at virtually 0%. It’s most other Bank of’s around the world, in the US,  Europe, Japan, China, etcetera, etcetera (The King and I, kids etcetera). Before you say ‘what about the debt and what about inflation’, they’ve been at it since the last crash, so for over 10 years now. And we’re all still here. For now.

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“Rachel Reeves may be forced to raise taxes”

“Rachel Reeves may be forced to raise taxes”

Why did she/they (in the old sense) think that tinkering around with IHT and CGT would be enough to sort out the NHS; and the potholes; and…and the list goes on. My guess is  that they asked the Treasury for a list of anything not involving income tax that they could get away with lightly, although they should already have learned from the winter fuel stuff that all publicity is not good publicity.