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Few months may hold. navtaonhal, bbc news derby. hannah is in derby for us this morning. taking a look at the impact of these potential interest rate rises will have. i am a little jealous you get a cushions on your red self and we don't get cushions and ours. i think i will make a complaint later! i will make a complaint later! i might have to sit down after this interest rate announcement comes through later today. we are expecting interest rates to go up again. they have been going up since december last year. the benchmark rate is currently 2.25%. and it's rate is currently 2.25%. and its ...

Bank of england will not want to do anything that could really rock the boat again but it won't be able to, we know that 0.75% is pretty much baked in. what will be interesting is what the bank of england are going to say going forward because let's not forget they are flying blind here. they were supposed to have had that fiscal statement out from the government before this meeting. that has not been the case now because the fiscal statement isn't coming in until the 17th of november, so they will have to not have those details looking forward to what is happening going forward. inflation her...

For us this morning. good morning. you are an estate agent there. mortgages will be one of those areas possibly most affected? ., ., ., ., , affected? yeah, good morning. this is certainly one _ affected? yeah, good morning. this is certainly one of— affected? yeah, good morning. this is certainly one of the _ affected? yeah, good morning. this is certainly one of the places - affected? yeah, good morning. this is certainly one of the places where l is certainly one of the places where people will really see the impact of the decision. about 1.6 million people across the country have tracker...

Increase since 1989. the idea is by raising the cost of borrowing, it gives people less money to spend, takes money out of their pockets, and that brings down prices because people can't afford to be spending quite so much on all other kinds of essentials. that is a difficult message to tell to anyone who is feeling the squeeze already at the moment, but it is worth saying that interest rates are going up in america and in europe as well. about 1.6 million people have mortgages that are variable or tracker mortgages, tied directly to today's interest rate announcement. and millions more, the v...

To raise interest rates, they are not going to raise them as far as we thought they were, so however bad for .5% might be, 3% seems now, it will not go up to 6%.— for .596 might be, 396 seems now, it will not go up to 696.— will not go up to 696. thank you. if ou are will not go up to 696. thank you. if you are watching _ will not go up to 696. thank you. if you are watching on _ will not go up to 696. thank you. if you are watching on bbc— will not go up to 696. thank you. if you are watching on bbc two, - will not go up to 696. thank you. if i you are watching on bbc two, thank you are...