Article 6DGVZ UK interest rate rise: what it means for you

UK interest rate rise: what it means for you

by
Miles Brignall
from on (#6DGVZ)

How the new base rate may affect mortgage holders and savers

The Bank of England has yet again raised interest rates - the 14th consecutive increase since December 2021. After June's unexpected half a point rise, this time the increase is 0.25 percentage points, taking the base rate to 5.25%. So what does that mean for your finances?

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