Stay updated with breaking news from 12th interest. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
4.5%. risen by a quarter of a percent, that is from our economics editor, faisal islam, who has tweeted that. just getting that information in that, as expected, interest rates in the uk are now at 4.5%, up from 4.25%, a quarter rate rise. 0ur cost of living correspondent is watching these developments for us, kevin, news that will impact on so many people s lives for their mortgages and make life just that bit more difficult as they have seen those rate rises so many times, for the 13th time in a row? it many times, for the 13th time in a row? , ., . many times, for the 13th time in a row? ,., ,, many times, for the 13th time in a row? , ,,, row? it is not a surprise, but clearly the row? it is not a surprise, but clearly the impact row? it is not a surprise, but clearly the impact is - row? it is not a surprise, but clearly the impact is still - row? it is not a surprise, but| clearly the impact is still very real. it will make borrowing more expensive for many, m ....
Insight? faisal, can you give us some insiuht? ., , ., insight? that 12th interest-rate rise in a row. insight? that 12th interest-rate rise in a row, up insight? that 12th interest-rate rise in a row, up to insight? that 12th interest-rate rise in a row, up to 4.596, - insight? that 12th interest-ratel rise in a row, up to 4.596, widely rise in a row, up to 4.5%, widely expected. if you look at the detail of something else that got released today, this the monetary policy report for it. it is a quarterly health check of the economy. what we have seen some sharp changes to the forecast every three months, principally because energy prices have been so volatile, they were very high at £4 a firm, as the gas market calls it, and they ve gone down to a third of the pat valley right now. it has had a big impact on the economic forecast. that has been a significant. that sounds like great news, it was so bad in the previous forecast that it gets us to quite modest growth. that is a g ....
Profile, which can affect your credit profile if you wish to borrow money credit profile if you wish to borrow money in credit profile if you wish to borrow money in the future, which is why it is important money in the future, which is why it is important to contact your lender, as if you is important to contact your lender, as if you can is important to contact your lender, as if you can come to an arrangement with them, as if you can come to an arrangement with them, maybe they can extend the term to with them, maybe they can extend the term to you with them, maybe they can extend the term to you to reduce your rates, and that term to you to reduce your rates, and that will avoid showing up on your credit and that will avoid showing up on your credit file. the and that will avoid showing up on your credit file. your credit file. the 12th interest- rate your credit file. the 12th interest- rate rise - your credit file. the 12th interest-rate rise in - your credit ....