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Mortgages could spike again as interest rates set for biggest rise since 1980s

Summary by Ground News
Bank of England is expected to unveil the biggest interest rate rise since the 1980's. Decision could push interest rates from 2.25 per cent currently to 3 per cent. It would be the biggest single increase since 1989 and the eighth time in a row the Bank has raised interest rates. Comes as the bank tries to control runaway inflation which is battering British households.
Published 3 months ago · London, United Kingdom

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Mortgages could spike again as interest rates set for biggest rise since 1980s

If – as expected – the Bank raises interest rates by 0.75 percentage points, it would be the biggest single increase since 1989.

3 months ago·London, United Kingdom
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3 months ago·Manchester, United Kingdom
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Mortgage alert as biggest interest rate hike since 1980s expected

This could be the eighth time in a row that Bank of England hikes interest rates — less than a year ago it was 0.1pc.

3 months ago
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Mortgages could spike again as interest rates set for biggest rise since 1980s

The Bank of England is expected to unveil the biggest interest rate rise since the 1980s on Thursday as it tries to control the runaway inflation which is battering British households.

3 months ago·Wolverhampton, United Kingdom
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Mortgages could spike again as interest rates set for biggest rise since 1980s

If – as expected – the Bank raises interest rates by 0.75 percentage points, it would be the biggest single increase since 1989.

3 months ago·London, United Kingdom
Read Full Article
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