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":"6f548d95eb44e3a2640edd4652a759e0","s":"94c9fb3a6fe548d3"}
Share your thoughts. Click here