When the pound sank to an all-time low against the dollar on Monday, you would be forgiven for thinking it was just another storm in the City that has little to do with your day-to-day finances.
But within hours, fears this may cause inflation to soar higher prompted analysts to warn that interest rates could hit a startling 6 per cent next spring for the first time since the turn of the century.
For millions of homeowners, who would face