Interest rate rise will affect YOU. Read this to understand how

The bank of England has just imposed the biggest interest rate rise in a generation – increasing the base rate to three per cent.

There’s no reason for it. The inflation we’re facing isn’t caused by any reasons that an interest rate rise can combat – and energy prices are falling back to normal levels. The hike in interest rates will not affect the cost-of-living crisis in any way.

Instead, it will prolong the recession that the Bank of England has already said will be the worst in many years – if not the worst ever:

And this will affect you – as Martin Lewis explained on Good Morning Britain:

Buckle up, buttercup! It’s going to be a long, hard winter – because the bankers (who, by the way, have had their ability to give themselves unlimited bonuses restored by the Tories) want you to suffer.

Have YOU donated to my crowdfunding appeal, raising funds to fight false libel claims by TV celebrities who should know better? These court cases cost a lot of money so every penny will help ensure that wealth doesn’t beat justice.

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