Sat.Aug 13, 2022

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Six interest rate rises in a row? Blame greedy City bankers

TheGuardian

Higher mortgage costs will hit homeowners and tenants, investment and consumer spending. In a recession. I hope they’re proud of their acquisitive selves City bankers are ruining your life again. They just can’t help it. Rescued from collapse in 2008 and force fed a healthy financial diet ever since, the industry is now in fine fettle. And with a deluded display of arrogance only they can muster, bankers have come to see themselves as a force for good, especially in these troubled times.