BBCNEWS Asia Business Report June 4, 2024 23:37:00
There. as we've been telling you on the bbc, the bank of england has hiked its key interest rate yet again. this is its 14th back to back increase, and the central bank has warned that borrowing costs will likely stay high for some time. but how will this impact savers? 0ur cost of living correspondent colletta smith met some who could benefit. at 5.25%. .. yes! - interest rates are up and there's plenty of people who are delighted. there's far more savers in the country than there are mortgage payers. we have had some reaction from jeremy hunt... - he's got onejob. ian lives off his pension, ...
Source: archive.org