It is reported that HSBC, NatWest and Virgin Money are increasing interest rates on loans.
More mortgage providers will increase their rates on new fixed deals on today (23 Feb) following a series of changes since the start of the year.
The Bank of England’s Monetary Policy Committee (MPC) voted by a majority of 5–4 to keep the Bank Rate at 5.25% in its meeting ending on 20 September 2023.
The Bank of England announced another increase in the bank base rate, raising it to 5.25%. This decision comes amid growing concerns over inflation and economic stability.
Today (16 June 22) The Bank of England raised interest rates to 1.25%. Dorchester Chamber Vice President Steve Bulley said: …
Interest rates have increased for the third time in four months as the Bank of England tries to calm the …
