Article 5YXAP What the Bank of England’s base rate rise means – in numbers

What the Bank of England’s base rate rise means – in numbers

by
Hilary Osborne and Rupert Jones
from on (#5YXAP)

The interest rate going up to 1% has implications for borrowers and savers. Here's how it could affect you

The Bank of England has increased the base rate to 1% in an attempt to curb inflation. It's the fourth increase since the start of December, when the base rate was at 0.1%. Here, in numbers, is what it could mean for your finances:

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