“When you want to know how things really work, study them when they’re coming apart.” – William Gibson
(This blog post previously appeared in Common Weal’s weekly newsletter. Sign up for the newsletter here.)

Britain is heading into one of the worst winters of a generation. The rising cost of living combined with multiple crises from energy, food supplies and general government incompetence mean that we’re facing price rises, empty shelves and potentially the highest rents and mortgage burdens ever seen in this country (headline interest rates /might/ not quite reach the peaks of the early 90s but house prices are so much higher now than then and wages haven’t increased by nearly as much so a greater proportion of our wage will end up being devoured by our bank and/or landlord). Folk trying to buy a house over the winter, who are trying to renew a mortgage reaching the end of its fixed rate or who are renting from a landlord trying to do one of the above are particularly vulnerable to price shocks that could equal or exceed the energy crisis.





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