Should you save or invest when cash pays 5%-plus?
Even the keenest long-term investors are more than likely scouring the best buy savings rate tables right now.
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Even the keenest long-term investors are more than likely scouring the best buy savings rate tables right now.
Tomorrow, barring a U-turn to end all U-turns, the Bank of England will sanction another rise in interest rates to 4.75% or 5%.
For many homeowners with mortgages to pay, it's tin-hat time.
Homeowners seeking a new loan today face paying a rate above 6% on a two-year fix on average - more than double average rates just two years ago.
The inflation figures piled more misery on for a mortgage market, as anaylysts suggested the Bank will have to raise rates faster and further.