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How the new base rate of 4.25% might affect mortgages, house prices and credit cardsBusiness live – latest updatesBank of England raises interest rates to 4.25%The Bank of England has yet again raised interest rates, this time by 0.25 percentage points…
Loyal bank customers are not necessarily rewarded, so shop around for a better-paying accountMPs this week had a go at bank bosses about their stingy savings rates, particularly on instant access accounts, saying that they seemed to be “taking advantag…
Bank of England figures also reveal many households are dipping into savings, rather than using credit cardsDemand for mortgages has collapsed to its lowest level since the depths of the 2020 lockdown as potential homebuyers are deterred by rising inte…
Consumers have got used to poor returns on savings accounts, but there are now better dealsIf you are one of the millions of people whose savings are languishing in an account paying little or no interest, it might be time to act because you could be e…