Mortgage vs food bills

The Bank of england has raised interest rates again after food prices caused a surge in inflation.

So all those with mortgages will have to pay more for their home loan and have less to spend on food.

Are families expected to eat less or will having a mortgage mean you qualify to use a food bank? TIM LAYCOCK, Slough, Berks.

INfLATION rose unexpectedly due to the rise in food prices. So, how precisely is raising the interest rate going to reduce the cost of your weekly supermarket shopping?

MIKE ROBINS, Moreton-in-Marsh, Glos. I’M NOT an economist, but even I can see it’s crazy to increase interest rates. The inflation the Bank of england is trying to contain is not the result of too many people chasing too few goods, as in the 1970s, but entirely due to external issues.

The last thing that business and families need is another rate rise.

MIKE SOUTHON, Bournemouth, Dorset. ThIS was the 11th consecutive rise in interest rates. Is this not evidence that the other ten haven’t worked? CLIVE BIRCHFIELD, Woodley, Berks.