logo

Category

Interest Rates

7-2 vote brings interest rate rise closer

The news that two member of the Bank of England’s monetary policy committee voted in favour of an increase on interest rates at their August meeting would suggest that the historic low rates are nearing their end. We’ve written before about the possible impact of rising rates, however gradually, on businesses and consumers who are managing, just, their repayments. Once variable loan rates start to increase, whether o
Read More