Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Hilary Osborne

What the Bank of England’s base rate rise to 1.25% means for you

Small plastic model houses on top of sterling coins and notes.
The base rate rise will affect the housing costs of many mortgage holders and renters, though the impact may not be immediate. Photograph: Joe Giddens/PA

The Bank of England has voted to raise interest rates by 0.25 percentage points to 1.25% as the UK grapples with high inflation. We look at what that means for your finances.

Mortgages

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.