Tag: annuity
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BoE to hike interest rates AGAIN – so why are savings, mortgage and annuity rates falling? | Personal Finance | Finance
[ad_1] The BoE’s rate-setting monetary policy committee (MPC) has hiked bank rate for 13 meetings in a row, from 0.1 percent in December 2021 to five percent today. It is widely expected to deliver a 14th successive increase on Thursday, lifting bank rate to 5.25 percent. There is a chance the MPC could go higher…