September 30, 2022 | blog
September Chair’s Blog
By the time you read this it may already be out of date. There’s such a surfeit of news it’s difficult to keep up, but I’ll try my best. So where are we as I write? High inflation, falling demand, energy crisis, higher borrowing costs, rollercoaster markets, plunging pound, bond buy-backs, a rebuke from the IMF, mortgage products pulled, Covid loans falling due. It’s difficult not to be gloomy.