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The Money Edit

Business

Ruth Emery

Interest rates rise to 4.25% - what does it mean for your money?

Interest Rates Bank of England Alice Haine Moneyfacts MPC Inflation Bestinvest

percentage sign on a wooden block with stacks of coins in the background

The Bank of England has increased the base rate from 4% to 4.25%, marking the 11th rise in a row.

The rate is at its highest level for 14 years. Interest rates have soared over the past year; last March, the base rate was just 0.75%.

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Top stories on inkl right now

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Wallace very gingerly climbed out of his destroyed No. 23 Toyota, but thankfully walked away under his own power

Motorsport

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Colorado woman was accused of stealing by sergeant who said he’d been watching her movements for a month. She is now suing both him and Flock Safety

Another surveillance fiasco.

We Got This Covered

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