The Caithness Business Index has posted the following article:

Interest Rates: Why Your Mortgage Payments Are Going Up But Your Savings Aren't - And How Better Monetary Policy Could Help

The Bank of England, the UK's central bank, has raised its main interest rate by 0.5% to 3.5%. This is the ninth in a series of increases over the past year that have had a ripple effect across the economy. [Read Full Article]