Interest rates up - focus on savers and renters
August 3, 2023
22 min
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234 of 1,000

August 3, 2023
Interest rates up - focus on savers and renters
0:00 / 22:15
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Sky News Episodes Around August 3, 2023
Episode 234 of 1,000 — walk the feed in the order it was published.
22:15This episodeInterest rates up - focus on savers and renters
Summary
The Bank of England has increased its base rate of interest by a quarter of a percentage point to 5.25% - which is lower than some economists had predicted. <br /><br />On the Sky News Daily, Leah Boleto speaks to our business correspondent Gurpreet Narwan about the decision to raise interest rates for the 14th time in a row. Plus, Sky's data and forensics journalist Daniel Dunford explains why renters could be the hardest hit by rate rises, and Tilly Smith, from campaign group Generation Rent, on its call for the government to offer more support to people renting. <br /><br />Podcast producer: Rosie Gillott <br />Interviews producer: Alex Edden <br />Podcast promotion producer: Jim Farthing <br />Editor: Paul Stanworth
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