Interest rates raised by Bank of England for first time in 3 years - what it means for you

United Kingdom

What to know

  • The Bank of England's rate rise has consequences for millions of borrowers and savers - and expect more to comeS1
  • 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....S2
  • 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.S3
Timeline · newest first
1h Content

Bank of England Raises Rates for First Time Since Start of Iran War

The conflict has lifted energy prices, though they have fallen since the midterms raised hopes for an end to the war.

1h Mirror

Interest rates raised by Bank of England for first time in 3 years - what it means for you

The Bank of England's rate rise has consequences for millions of borrowers and savers - and expect more to come

1h Metro

Interest rates rise for the first time in over three years – what does it mean for you?

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 Aug…

1h Dailymail

Bank of England raises interest rates for first time in three years: What the hike to 4% means for your mortgage and savings

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.

Breaking

Interest rates raised by Bank of England for first time in 3 years - what it means for you

4 outlets 4 reports

What to know

  • The Bank of England's rate rise has consequences for millions of borrowers and savers - and expect more to comeS1
  • 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....S2
  • 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.S3
Timeline · newest first

Sources · 3 citations

S1 Mirror 1 report · EN
S2 Metro 1 report · EN
S3 DailymailLead 1 report · EN
Content 1 report · EN