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Friday, April 12, 2024
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    HomeBusinessThe time bomb ticks and ticks and ticks

    The time bomb ticks and ticks and ticks

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    Inflation just won’t go down in the UK. The central bank is therefore increasing the key interest rate to 5.0 percent. Fear of social decline is spreading among property owners – and Prime Minister Sunak is coming under increasing pressure.

    In Westminster everyone is talking about Boris Johnson again, but far from the hustle and bustle of politics there is a problem that is likely to be far more dangerous for Prime Minister Rishi Sunak than the lies of his predecessor. There is talk of a time bomb that threatens to explode just before the lower house elections next year: the so-called mortgage time bombthe mortgage time bomb.

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