"If the UK is not careful this situation can get out of hand quickly. ...The UK economy is sleepwalking into a minefield, but the guys in change know that they will jump ship before they actually get there! They're busy sticking fingers in their ears and pretending that nothing is happening, instead of taking urgent action."
Sasha Yanshin: UK inflation has dropped to 7.9% and everyone is celebrating as if there isn't a huge cost of living crisis and a lurking mortgage problem.
The UK mortgage crisis hasn't really started yet but once people come off their near-0% fixed terms, the UK is going to have a problem.
The situation is critical and the UK economy is in trouble but Rishi Sunak is busy doing victory laps and the UK Government is not taking the urgent action that is necessary.
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