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Recently the Bank of England raised interest rates again, up to 4.25%.

Posted by Nigel Ling

true 19 April 2023

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Interest Rates

Recently the Bank of England raised interest rates again, up to 4.25%.

But what will the effects be?

πŸ’· Much more expensive monthly mortgage repayments;
πŸ’· Higher credit card interest rates;
πŸ’· Value of cash savings is falling.

It will significantly affect many, and we're expected to see further increases this summer:https://bbc.in/3m9G2ai

#InterestRates#CreditCards#Mortgages#Inflation​

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