Thursday, 5 November 2026

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Business

What does interest rate rise mean for homeowners and savers?

First rate rise for more than three years leaves millions facing rise in mortgage paymentsBank of England raises interest rates to 4%Business live – latest updatesThe Bank of England has hiked interest rates by 0.25 percentage points, taking the base rate to 4%. It is the first rate rise for more than three years, leaving millions of households facing a…

First rate rise for more than three years leaves millions facing rise in mortgage paymentsBank of England raises interest rates to 4%Business live – latest updatesThe Bank of England has hiked interest rates by 0.25 percentage points, taking the base rate to 4%. It is the first rate rise for more than three years, leaving millions of households facing a…

Read the full story on Business | The Guardian

Source: Business | The Guardian

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