UK Base Interest Rate hits 1.75% & inflation to reach 13% (August 2022 increase)

There's another increase to the base rate of interest, jumping by 0.5 percentage points to 1.75%- the largest single increase since 1995. Plus inflation is set to reach 13% later this year. Here's what it means for you

W A T C H N E X T

Get the best savings account https://www.youtube.com/watch?v=kWX2YJLo0BQ&list=PLNWBCrN2Fq0Aa6qLZFZhe6328NvQfbR5A

Should you overpay your mortgage? https://www.youtube.com/watch?v=PhdLHlfinkk&t

#UKInflation #UkInterestRate #Ukbaserate


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A B O U T A N D Y

Andy Webb is a money blogger and journalist. He runs the award-winning website Be Clever With Your Cash, hosts the Cash Chats podcast, presented Channel 5’s Shop Smart Save Money and writes every month for Reader's Digest. Andy also founded the community ukmoneybloggers.com.

DISCLAIMER
Content in these videos does not constitute regulated financial advice. Any offers mentioned were correct at the time of filming.


Did you miss our previous article...
https://realestatevideos.club/Mortgages/rates-officially-hit-4-april-mortgage-interest-rate-update