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Bank of England raises interest rates to 1%

Mortgages: Bank of England raises interest rates to 1% — here’s what it means for you
Interest Rates

Base rate rises to 0.25% – what does this mean for your finances?

The Bank of England has raised base rate to 0.25% today, which will directly impact mortgage and savings interest rates. Today is the first time in more than three years that the Bank of England has increased base rate, which has risen by 0.15% from its historic low of 0.10%.