Interest rates continue to climb as Bank of England battles inflation
3 min read
The Bank of England announced interest rates are rising to 1.75%. Sarah Pennells, consumer finance specialist at Royal London, comments:
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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.
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