E190 - UK interest rates on the rise again

In this week’s episode we cover the Bank of England’s decision to increase the base rate to 5%. Since 2021 the Bank of England has increased the base rate 12 times with no plans to stop until inflation falls back down to 2%.We discuss the impact this rise in interest rate has on the UK economy, homeowners and investors. Tune in to learn what happens when a country decides to prioritize inflation over growth.Aʟʟ ᴠɪᴇᴡs ᴀʀᴇ ᴏᴜʀ ᴏᴡɴImportant Information: This podcast is for information purposes only. Matters discussed are not intended to provide and should not be relied on as investment, accounting, legal, or tax advice or recommendation. The views and opinions presented are those of the podcasters (and/or any guests) and these may change. We advise that you seek and/or obtain independent professional advice in relation to your personal circumstances.If you have any feedback or any topics you'd like us to discuss on the show, DM us on Instagram @takeflightpodcast. Please also subscribe and leave a review on whichever platform you are listening on (we are now on YouTube).

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