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, pensions and investment company in the UK, with assets under management of £147 billion, 8.7 million policies in force and 4,232 employees. Figures quoted are as at 31 December 2022.
Learn more at royallondon.com
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