Interest rates: What does latest Bank of England rise mean for mortgages and savings?

The interest rate is now at 3.5% – its highest level for 14 years.

Glasgow, GB

11:33,

16°C

overcast clouds

79 %

8 mph

Wind Gust: 0 mph

Clouds: 100%

Sunrise: 04:41

Sunset: 22:02

Hourly Forecast

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16°/17°°C 0.64 mm 64% 2 mph 82% 1006 mb 0 mm/h

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17°/17°°C 1 mm 100% 4 mph 86% 1007 mb 0 mm/h

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18°/18°°C 1 mm 100% 0 mph 81% 1008 mb 0 mm/h

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14°/14°°C 1 mm 100% 2 mph 92% 1009 mb 0 mm/h

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13°/13°°C 1 mm 100% 3 mph 93% 1011 mb 0 mm/h

04:00

11°/11°°C 0 mm 0% 3 mph 96% 1012 mb 0 mm/h

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11°/11°°C 0 mm 0% 3 mph 93% 1013 mb 0 mm/h

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16°/16°°C 0 mm 0% 7 mph 56% 1013 mb 0 mm/h

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