Debt Advisory Update
At this time of year, I’m reminded of my first Christmas job which was 12-hour shifts gutting turkeys for £2/hr. Wrestling with loan documents or Excel is a doddle by comparison.
Today the Bank of England surprised the markets by a 15bp rise in interest rates, to 0.25% - so still really low by historical standards and maybe not enough to counter inflation coming from input costs and a tight labour market.
Good luck avoiding Covid / revising your plans to cope with infection in the family / French resistance to UK travellers. Happy Christmas.