Why UK interest rates will rise

Bankruptcy levels are at record highs and low income families are having difficulty making ends meet. And yet the Bank of England's next move is likely to be a hike in interest rates, rather than a cut, says Brian Durrant of the Fleet Street Letter. Why?

Five months into 2006, and three compelling investment trends stand out. These trends are accelerating at a rate we never imagined.

On the one hand, we see the spectacular emergence of an ber-rich class in London and the South East. Compare that with the soaring number of people declaring themselves bankrupt and the rise in company liquidations outside the financial sector. Then set them both against the backdrop of runaway commodity prices.

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Brian has contributed to MoneyWeek with his expertise in investment strategy, for example how to quadruple your dividend income and how to navigate through the stock market in the 2008 financial crisis. He’s also touched on personal finance such as the housing market and the UK economy.