Skip links

Tag: rate increase

Bank of England raises UK base rate to 1%, the highest level since 2009
Does the Bank Of England base rate meeting delay give contractors an opportunity to save money?

Does the Bank Of England base rate meeting delay give contractors an opportunity to save money?

in Tags

The Bank of England has postponed this month’s monetary meeting until the 22nd of September “in light of the period of national mourning” following the death of Queen Elizabeth II. What should we expect from the rescheduled meeting? Higher interest rates typically make borrowing more expensive.