Government
November 3, 2017
With the rising base rate, luxury real estate owners will be paying higher mortgages. Image credit: Knight Frank
By Danny Parisi
The Bank of England has raised the United Kingdom’s base interest rate for the first time in a decade, in an effort to combat spiraling inflation in the country in the wake of the Brexit vote.
{"ct":"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","iv":"a1687c782ed7e1ecd0f017deee61cc85","s":"a7f069480148265e"}
Share your thoughts. Click here