We’ve become well used to price hikes with rampant inflation, but last month was marked by tax hikes with the increase in National Insurance Contributions hitting the pockets of many employees as well as employers. The attention now though is very firmly on interest rate hikes with the Federal Reserve having just delivered its first 0.5% rate increase in 22 years with more to come as the Fed seeks to tame inflation which is at 40-year-high.
