Back to inflation – the government has little choice but to ask the BoE to raise interest rates. It could cut VAT and business rates, but that would not help Rishi balance the books. The sensible alternative would be to tax billionaires and the mega profit companies, and redistribute via wage rises. Higher wages equals more spending locally and therefore more tax returns. Rich tax avoidance equals no money to government and more spending on overseas holidays, property, etc.
There are many pensioners like me – enough to live on without problems – and I am not rich compared to my friends in the village. I was a teacher on a decent salary as a Head of Dept. but nothing amazing, lost half my pension on divorce. Is there some way that future generations could access the money I have now, when they need it most? I think the mortgage was the biggest cross I had to bare/bear (which is it?).