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Interest rates expected to rise for first time in over three years
Interest rates in the UK could see their first increase in over three years. The Bank of England is expected to announce a rise from 3.75% to 4%, impacting borrowers and benefiting savers amid rising inflation driven by fuel costs.
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Interest rates in the UK could see their first increase in over three years. The Bank of England is expected to announce a rise from 3.75% to 4%, impacting borrowers and benefiting savers amid rising inflation driven by fuel costs.
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#news #breaking #economy #UK #interestrates #inflation #BankofEngland
Originally reported by BBC News.
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