The knock-on effects on mortgages, savings, annuities, house prices and rents of the interest rate increase The Bank of England has voted to raise interest rates by 0.25 percentage points to 1.25% as the UK grapples with high inflation. We look at what that means for your finances. Continue reading…
Source : theguardian.com
Read more…What the Bank of England’s base rate rise to 1.25% means for you