Rate Rise: Martin Lewis on what it means
The Bank of England has raised interest rates to their highest level in nearly 15 years
June 22, 2023
31 min
868 of 2,000
June 22, 2023
Rate Rise: Martin Lewis on what it means
0:00 / 31:25
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Bcc Politics Episodes Around June 22, 2023
Episode 868 of 2,000 — walk the feed in the order it was published.
31:25This episodeRate Rise: Martin Lewis on what it means
Summary
<p>The Bank of England has raised interest rates to their highest level in nearly 15 years. Money expert Martin Lewis explains what it means for people with mortgages, renters and savers. He says increasing interest rates to tackle inflation is designed to hurt. </p><p>Also, Education Secretary Gillian Keegan discusses what the high rate of inflation means for pay negotiations with teachers. </p><p>Today's Newscast was presented by Adam Fleming. It was made by Clare Williamson. The senior news editor was Jonathan Aspinwall.</p>
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