The Bank of England’s decision to nudge up borrowing costs to the highest level since March 2008 will have come as little surprise to anyone but with the fight to control inflation seemingly nearing its end, cash-squeezed consumers and businesses have become eager to know when interest rates will head back down.
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  Aug 3, 2023  
     
 

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The Bank of England’s decision to nudge up borrowing costs to the highest level since March 2008 will have come as little surprise to anyone but with the fight to control inflation seemingly nearing its end, cash-squeezed consumers and businesses have become eager to know when interest rates will head back down.

 

Interest rates: How the latest hike will impact borrowers and savers and when rates will start falling

 

 

 
     
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