Nationwide has increased the interest rate on its FlexDirect current account to a market-leading 5 per cent once more. The rate will be available for new applications who open an account from…
Tag: Interest
Interest Rate Rise Tips The Balance On Renting Vs Buying
Renting has become cheaper than buying a property after last week’s Bank of England interest rate rise, new research has claimed. The monthly cost of owning an average home with a 10…
HAMISH MCRAE: What level of interest rate will cause recession?
HAMISH MCRAE: How high will interest rates have to go to beat inflation, and will that level lead to recession? By Hamish Mcrae, Financial Mail On Sunday Published: 21:51, 18 June 2022…
ALEX BRUMMER: As Interest Rates Rise, Savers Must Get A Better Deal
The High Street banks have lost no time in passing on the agony of higher interest rates to their customers. Several made fixed-rate mortgage deals more costly even before Andrew Bailey delivered…
ALEX BRUMMER: As interest rates rise, savers must get a better deal
The High Street banks have lost no time in passing on the agony of higher interest rates to their customers. Several made fixed-rate mortgage deals more costly even before Andrew Bailey delivered…