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What does UK interest rate rise mean for savers and borrowers?


Mortgage holders, house hunters and savers will be affected by the Bank of England raising rate to 0.75%The Bank of England has increased interest rates to 0.75% in an attempt to tackle rising inflation in the UK. That means the base rate is back to its pre-pandemic level. What does it mean for UK savers and borrowers? Continue reading…

Source : theguardian.com
Read more…What does UK interest rate rise mean for savers and borrowers?

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