Skip to content
Back to all stories
BBC News

UK interest rate rise: Three ways it could affect you

Job, loans and savings are all affected by the rise in interest rates announced by the Bank of England.

By BBC News

Excerpt shared by Lazyfounder

·Excerpt
UK interest rate rise: Three ways it could affect you
Image: BBC News (Tech & Business)

Image source, Getty Images

By

Cost of living correspondent

Updated 14 minutes ago

Interest rates have been raised for the first time in more than three years - and it could be good and bad news for you.

Here are three ways the increase to 4% from 3.75% could affect you.

1. Jobs and pay

Rate-setters at the Bank make changes…

Continue reading on BBC News ↗

Courtesy

This story was originally published by BBC News. All rights belong to the original publisher.

Read the original on bbc.co.uk ↗
Lazy Founder - Powered by Blogy.in

Contact us

Have a story tip, correction or partnership idea?

Write to us at tarun.kumar@blogy.in or talk to the founder directly. We read every message.

Contact us