Published on 2 Nov 2017 Sections ,

Rates rise for first time in decade

Business Editor

“This is good news,” said the Governor of the Bank England about the decision to raise interest rates for the first time in a decade. From 0.25 to 0.5  percent. Doubled but still to no more than a whisker. So what will that mean for the millions of us with mortgages and credit card debt?