Does happen, if youve got a £200,000 mortgage on a 25 year repayment term , thats going to repayment term, thats going to add about £30 a month, 3 to £400 add about £30 a month, 3 to £400 a year to your mortgage payments just from that quarter point Interest Rate rise, if indeed thatis Interest Rate rise, if indeed that is what happens. Yeah. And of course, the other thing is that theyre going to give indication going to give an indication their as where they see their forecast as where they see things going and whether well have rates. It is have more Interest Rates. It is 5. 25. Just getting out 5. 25. Were just getting out through 5. 25, up another quarter of a as expected for many economists , thats really economists, thats really interesting, mark, you know, because just a couple of weeks ago, a lot of people would have said that the bank of england needs half point rise needs to do a half point rise from 5 to 5. 5, given that inflation in the uk is unusually high. Were at 7.
We are in a good position to manage foreign exchange market shocks – BoG
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New taxes, tariff hikes crucial for Ghana s bailout deal – IMF
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