As long-term subscribers to this magazine will be well aware - unlike some sections of the media - we have strived over the almost twenty years of publishing this magazine, to present where possible, factual evidence-based reporting.

It would have been very easy a week ago to put a headline in our news section of ‘Bank of England (BOE) increases interest rate by 33%’. However, not wishing to burden an already over-stretched NHS with a sudden surge of cardiac arrest patients, we chose an alternative option when reporting that the BOE had increased the UK base again by 0.25% up to 1%. This third increase in the base rate in recent months will likely be followed by at least two more similar increases by the end of 2022 as the BOE looks to subdue the inflationary surge affecting us all here in the UK.

On page 36, Adam Lawrence offers some insight as to the reasons why we are seeing a return to inflationary levels last seen in the UK in the early 1990’s and Adam makes some predictions in his article as to what may occur ahead in the next 12 months.

As the level of the BOE bank rate is critically important for any property and business-related borrowing, assessing the consequences and potential risks ahead for our respective investments will, I am sure be, on many readers minds.