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15 Dec 2022 / Back to latest updates

The Bank of England announces further rise in interest rates.

The Bank of England has today further increased the base interest rate from 3% to 3.5% in an attempt to stem the cost of living.

Now at the highest level for 14 years and with further increases likely businesses continue to suffer. Now more than ever it is vital aged debt is addressed and monies are received as they fall due.

← Interest Rates continuing to rise with the UK now facing a two-year recession
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