Andrew Bailey, The Governor of the Bank of England hinted at aggressive rate cuts in an interview with “The Guardian” earlier today as inflationary pressures continue to ease. However, given events in The Middle East, this week and a spike in oil prices of 3%, this week a close eye is being kept on the potential impact this will have on inflation and ultimately the cost of living in the UK.
Is Bank of Mum & Dad about to flip to their children?
According to a recent article in Financial Reporter; it would seem that the Bank of Mum and Dad could be about to flip as the future trend for 20 and