Summary by Ground NewsBank 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
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 KingdomRead Full Article
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