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.
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","iv":"a017b71e76264bbfe95c6bf3fa2c2644","s":"b398bf3f8317d353"}
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