NewsBot
04-Feb-22, 18:10
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Rate Increase Will Make Things Worse - Borrowing Costs To Hit Mortgages, Rents and Credit Cards
The Bank of England has today raised interest rates for the second month in a row as it sends a signal to markets that it is determined to lower inflation. But what will the impact be? Here Dr Tony Syme, macroeconomics expert from the University of Salford Business School says it could hit people already struggling with cost of living increases. [Read Full Article (https://caithness-business.co.uk/article/15935)]
Rate Increase Will Make Things Worse - Borrowing Costs To Hit Mortgages, Rents and Credit Cards
The Bank of England has today raised interest rates for the second month in a row as it sends a signal to markets that it is determined to lower inflation. But what will the impact be? Here Dr Tony Syme, macroeconomics expert from the University of Salford Business School says it could hit people already struggling with cost of living increases. [Read Full Article (https://caithness-business.co.uk/article/15935)]