S Sky News YouTube · 6 h ago Follow Markets

Interest rate rise: What does the Bank do next?

Video: Sky News YouTube · YouTube

The Bank of England has raised the base interest rate from 3.75% to 4%. It's the first time it has increased since August 2023. Sky's Ed Conway breaks down why this has happened, what it means for your mortgage, and if more hikes are on the way. #interestrates #economy #bankofengland #uk #skynews SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on X: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more…

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Interest rate rise: What does the Bank do next?

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