Firms that have borrowed money to see them through the pandemic will see their costs rise, possibly going bust. The Governor of the BoE a while back asked for wage restraint by workers – wage rises are below inflation so how does that help anyone other than the rich?
Of course the governor of the BoE has very few tools at his disposal – the real power lies with our clueless government. Truss wants to cut wages outside London (levelling up??) whilst Sunak has matched good ideas (furlough) with incompetence in delivery and bad schemes (eat out to help out). We have had a lying incompetent toad for a PM for 3 years and 12 years of Tory misrule. Brexit gets worse by the minute, candidates for PM are coming out with ever more preposterous schemes – both should be drug tested.
Meanwhile we are sleep walking into a number of disasters. Climate deniers are being given air time (e.g.slimey toad Farage), energy costs are soaring and absolutely nothing of substance done to help. The government is being taken over by right wing extremists. Water companies have taken the profits but not stopped the leakages; taken the profits from new housing without investing in new sewage schemes – cheaper to pump shit in our rivers. Insect numbers are plummeting (apart from on the Tory benches in the HoP). A culture war against decent people is being waged across the board.