Tag: interest rates
Interest rates are rising as central banks look to combat soaring inflation. In the UK rates now stand at 1%. But what does this mean? And should you worry about rising interest rates? In this post I’ll cover: What are interest rates? The impact on mortgages Rising interest rates and credit cards The impact on […]
All interest rates are low at the moment, but it could be worth shopping around to see if there are better deals out there. To help, I’ve taken a look at the rates being advertised for online savings accounts by five of the UK’s biggest banks.