Woman whose mum 'lost her home' due to interest rates in late 80s gives verdict on a rise



SPECULATION that interest rates could rise this week is growing as policymakers at the Bank of England are due to meet on Thursday. The Base Rate has been at a record low since March 2020 when the BoE cut it to 0.1 percent in a bid to help households and businesses survive the COVID-19 pandemic. However, as Britain’s economy continues to recover some policymakers think a rise could be on the cards.



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