Localise West Midlands

The Bank of England should now be recommending a savings rate of about 2 % and maybe a lending rate based on 4%. They should discard the fictional rate of 0.5 %. This would boost the £, and therefore bear down on inflation. But it would also safeguard domestic purchasing power and do a much needed something for confidence. . . . → Read More: Time for interest rates to be sorted – Alternative Inflation Report