Average UK mortgage rate rises to highest since August 2024 as Iran war pushes up borrowing costs – business live

Rolling coverage of the latest economic and financial news The money markets continue to price in at least two rises in UK interest rates by the end of the year. The money markets indicate Bank rate will have risen by 64 basis points (0.64 percentage points) by December, which implies two quarter-point hikes are fully priced in. Continue reading...

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