Base rate rises to 4% but will it really help tame inflation?
The Bank of England raised interest rates for the first time in three years from 3.75 to 4 per cent this week. It was an 8-1 vote, with the outlier wanting to raise it to 4.25 per cent. What does it mean for our money, can it really help tame inflation and will there be more rate rises in coming months? Simon Lambert,…
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