Interest rates: What are they and why do they matter?

Bank Rate will also affect the interest rates charged on other forms of credit, such as credit card loans, bank loans, and car loans. So even if you don’t have savings or a mortgage, changes in interest rates could still have an impact on your finances.

Recent Posts

Why can’t the US stop soaring oil and gas prices?

And while many small private companies, like Mr Wendt's, are still pushing to boost output, the biggest firms have so far stuck with investment plans forged before prices really soared, choosing to put the windfalls primarily toward shareholder payouts, rather than...

read more

Norwich City ‘in talks’ with Millwaukee Brewers’ owner

The fact that Mark Attanasio and his entourage travelled to Carrow Road to watch their final top flight game for some time indicates that this is much more than a passing interest. Current majority shareholders Delia Smith and Michael Wynn-Jones are now both in their...

read more