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business · The Guardian

What does the UK interest rate rise mean for homeowners and savers?

Thursday, November 5, 2026 · 2:00 PM

What does the UK interest rate rise mean for homeowners and savers?

First rate rise for more than three years leaves millions facing rise in mortgage payments Bank of England raises interest rates to 4% Business live – latest updates The Bank of England has hiked interest rates by 0.25 percentage points, taking the base rate to 4%. It is the first rate rise for more than three years, leaving millions of households facing a sharp rise in mortgage payments. Continue reading...

This dispatch was composed for The Fennark Chronicle from a public news wire. The original publisher holds the full report; Fennark reprints the lead for this edition's page.

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