What does the raise in interest rates mean?
The BBC's cost of living correspondent Kevin Peachey explains what the change could mean for those saving for a holiday or to buying a house.
Read in depth: Business
Bank of England raises interest rate to 4%: what it means for borrowers and savers
The quarter-point increase is the first in more than three years. Tracker borrowers face higher payments, while changes for variable mortgages and savings depend on providers.
Poundland owner commits to prioritising jobs in rescue talks
Gordon Brothers met Business Secretary Jonathan Reynolds on 4 November and said it would prioritise bids protecting workers and stores, as suppliers face significant risks.
What this story rests on
1 source from 1 organisation: 1 broadcaster.
- 1The BbcThe Bbc · bbc.co.ukBroadcaster
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