Interest charges: Everything you want to know

The Bank of England has warned each inflation and rates of interest might rise subsequent 12 months.

Business and economics correspondent Paul Kelso explains the Bank of England’s determination to carry rates of interest at 3.75%.

SUBSCRIBE to our YouTube channel for extra movies: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTook: https://www.tiktok.com/@skynews

For extra content material go to http://news.sky.com and obtain our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

Listen to our new podcast This is Why, obtainable totally free right here: https://podfollow.com/thisiswhy

To enquire about licensing Sky News content material, you’ll find extra info right here: https://news.sky.com/info/library-sales