What does UK interest rate rise mean for savers and borrowers?
by Hilary Osborne from on (#5X73G)
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?
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