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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.

15 Articles

Daily RecordDaily Record
Lean Left

Scots face mortgage spike as biggest interest rate rise since 1980s announced

The Bank warned the UK could be on course for the longest recession since reliable records began in the 1920s.

·Glasgow, United Kingdom
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My LondonMy London
Center

Mortgages could spike for Londoners as interest rates set for huge rise

If, as expected, the Bank of England raises interest rates by 0.75 per cent, it would be the biggest single increase since 1989

·London, United Kingdom
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Irish NewsIrish News
Lean Left

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

·Northern Ireland, United Kingdom
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Metro NewsMetro News
Lean Left

More misery for homeowners with interest rates set for biggest hike in 30 years

In a crunch meeting, the Monetary Policy Committee will make a decision that could drive up mortgage repayments for millions of homeowners.

·London, United Kingdom
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The ScotsmanThe Scotsman
Center

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

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

·Scotland, United Kingdom
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The NationalThe National
Center

UK interest rates set for biggest rise since 1980s

The Bank of England is expected to raise interest rates by 0.75 percentage points to 3 per cent

·Abu Dhabi, United Arab Emirates
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Manchester Evening News broke the news in Manchester, United Kingdom on Wednesday, November 2, 2022.
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