Borrowers hit the hardest as interest rate climbs to highest level in 13 years
- Highest interest rate since 2009
- Savers still lose as interest rate is lagging significantly behind inflation
For more information on our cost of living research visit our hub page
Source for mortgage rate info: Best Mortgage Rates | Compare Mortgage Deals Online | L&C (landc.co.uk)
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About Royal London
Royal London is the largest mutual life insurance, pensions and investment company in the UK, with assets under management of £150 billion, 8.8 million policies in force and 4,262 employees. Figures quoted are as at 30 June 2022. Learn more at royallondon.com
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