England was on the verge of soaring interest rates and failing pension funds as government bonds plunged due to tax cuts under the Truss administration in 2022. 
The British central bank overcame the crisis by buying government bonds, but the central bank has a majority of the issued government bonds. 
It is the same as the Bank of Japan. The pound is heading towards a historic low, with the Swiss franc being bought. 
Both Japan and the United Kingdom will suffer from the central bank's constitution if interest rates are raised. I think it's better to remember.