Are you prepared? Rates will rise eventually!

 In NEWS

Are you prepared? Rates will rise eventually!

The Bank of England’s Monetary Policy Committee was split in June whether to raise the base rate with a 5-3 vote in favour of keeping it at the historic low of 0.25%.

Market expectations are volatile suggest a first rise could be seen in 12 months.

A change in interest rates will see undoubtedly see winners and losers, but a change won’t be enforced overnight.

You can read the full article published in Your Money

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