Business & Economy

What does the UK interest rate rise mean for homeowners and savers?

Source: Business | The Guardian · Published

What does the UK interest rate rise mean for homeowners and savers?
Source: Business | The Guardian

First rate rise for more than three years leaves millions facing rise in mortgage payments Bank of England raises interest rates to 4% Business live – latest updates The Bank of England has hiked interest rates by 0.25 percentage points, taking the base rate to 4%. It is the firs

First rate rise for more than three years leaves millions facing rise in mortgage payments Bank of England raises interest rates to 4% Business live – latest updates The Bank of England has hiked interest rates by 0.25 percentage points, taking the base rate to 4%. It is the first rate rise for more than three years, leaving millions of households facing a sharp rise in mortgage payments. Continue reading...

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