What if interest rates rise again?
If the Bank of England raises its bank rate, how will this affect savers and borrowers?
Please consider:
Savers braced for "bleak times" as Bank of England expected to cut interest rates furtherSavers are braced for more misery as analysts warn that the Bank of England is likely to cut interest rates further. ...
Banks slashing interest rates up to seven times quicker than Bank of EnglandBanks partowned by taxpayers have hit savers by cutting their interest rates up to almost seven times quicker than the Bank of England research shows. ...
Further cut in interest rates ‘will not help Britain climb out of recession’The Bank of England is widely predicted to announce a “pointless” 0.5 percentage point reduction in interest rates today that will not help borrowers and will hurt savers experts warned. ...
Interest rates: Bank of England accused of ‘assault’ on saversConsumer groups argue the latest 0.5 pc interest rate drop penalised savers while doing little to help most borrowers. ...
Savers urge Bank of England to leave interest rates aloneSavers appealed to the Bank of England to leave interest rates alone as new figures showed that they are the people likely to be affected by another cut in rates. ...
