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Base Rate

  • Business, Finance, Loans

    BoE interest rate raise – What can I expect?

    As you may have read before, the Bank of England has increased the base rate from 0.1% to 0.25%, after months of delaying the increase; it is now official. The increase was made to hold the rising inflation rate that could peak at 6% in April The increase was influenced by the uncertainty about the...

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  • Banks, Economy, Financial World, Government, Loans

    Basic Opinions

    It’s no secret that lenders live and die by their interest rates. Exactly what interest rates a lender charges has a major impact on potential clients. As such, a change in the Bank of England’s base rate is a serious event. If the base rate rises, it could mean more profit, but if their rates...

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