What does rate of interest lower imply for common Briton?
At 4.30pm we’ll have a panel of consultants answering your questions on rates of interest throughout Business Live with Darren McCaffrey.
The Bank of England has lower rates of interest by one other quarter share level, bringing down the price of borrowing to 4.5%
A lower will probably be excellent news for these trying to renew or take out a mortgage, in addition to companies trying to safe a mortgage and individuals who spend on bank cards. It will not be as welcome for savers.
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