Ann: FY23 Half Year Results, page-5

What happens with interest rates will be interesting.
For those in that generation, 17% interest rates in 1989 will be a spooky memory, but at the time the ratio of household debt to income was 68%.
This ratio is now at 187%, with interest rates at 6%.
The point being that 6% today is about equivalent to the 17% rate of 1989 so I get the feeling we're at the or almost at the end of rate rises but the effects are going to still filter through for a while.
PTL I'm sure will battle through, survive & prosper hopefuly in the not too distant future.