The Bank of England's Reluctant Response to Mortgage Rate Rises

The Bank of England is raising the base rate, monetary policy. And it's hitting a smaller number of people because there are less mortgage homeowners in this country than there used to be. Many of them are also seeing their payments go up because they have mortgage by outlet landlords who are being hammered even harder than homeowners at the moment. It's basically a bad situation is what the Bank of England painted for people, and then tried to put this sort of slight loss on it, which didn't pull anyone.