The Bank of England has since then dropped the ball though, sticking to a slow schedule of raises that seem to have endangered the value of the pound further, f

The Bank of England has since then dropped the ball though, sticking to a slow schedule of raises that seem to have endangered the value of the pound further, falling behind the action taken by other nations and sticking to tiny increases. Couple that with their slow-ish response speed, because the monetary policy committee only meets 8 times a year, and you get a recipe for a lacklustre response. IMHO.