What to know

• The Bank of England has raised interest rates to 4% as it tries to curb rising prices fuelled by the Iran war.S1
• The first increase in more than three years could mean higher monthly repayments for homeowners, while savers may benefit from better returns.S2
• The conflict has lifted energy prices, though they have fallen since the midterms raised hopes for an end to the war.S3
• The Bank of England's rate rise has consequences for millions of borrowers and savers - and expect more to comeS4
• The impacts of the interest rate rise will be most visible for mortgage-holders (Picture: Getty Images) The Bank of England has hiked up interest rates for the first time since August 2023, amid concerns the Iran War could lead to a lengthy bout of inflation....S5
• Worries about an inflation spike and a potential energy price shock this winter have led the Bank to raise rates. Here's what it means for households.S6