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Bank of England interest rate rise – what it means for borrowers and savers


Rate rise to 3.5% affects everything from mortgages to credit cards, loans and savings. Here is all you need to knowAnalysis: UK borrowers face a serious reality checkNews story: interest rates rise to 3.5%The Bank of England has once again raised interest rates – this time by 0.5 percentage points – taking the base rate to 3.5%. This is the ninth rise since last December. So what does this mean for your finances? Continue reading…

Source : theguardian.com
Read more…Bank of England interest rate rise – what it means for borrowers and savers

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