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BBCNEWS Breakfast July 6, 2024



16 countries take the stage in liverpool later for the second semifinal. sticking with the eurovision theme, we are in liverpool at the shopping centre right in the heart of liverpool, surrounded by these beautiful eggs, i will tell you about them later on. the bank of england is expected to raise interest rates again today to 4.5%, the highest level in 15 years. it will be the 12th consecutive hike since december 2021, meaning mortgage payments could rise further for millions of customers. our business correspondent hannah miller reports. this is the first home gheev has owned, bought with his girlfriend two months ago. but since they agreed their mortgage, the monthly payments have gone up twice in line with the base rate of interest set by the bank of england. when we were coming to find a mortgage, the fixed rates were astronomically high. we figured that if the bank of england base rate goes up by another two or three percentage points, we re actually better off st ....

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BBCNEWS Breakfast June 4, 2024 05:02:00

The bank of england is expected to raise interest rates again today to 4.5%, the highest level in 15 years. it will be the 12th consecutive hike since december 2021, meaning mortgage payments could rise further for millions of customers. our business correspondent hannah miller reports. this is the first home gheev has owned, bought with his girlfriend two months ago. but since they agreed their mortgage, the monthly payments have gone up twice in line with the base rate of interest set by the bank of england. when we were coming to find a mortgage, the fixed rates were astronomically high. we figured that if the bank of england base rate goes up by another two or three percentage points, we re actually better off staying on a tracker mortgage. so that s what we went for. it s a very difficult situation because you can t actually plan how much you have every month. when you hear that the bank of england base rate is likely to go up again today, how do you feel about that? it s frustrat ....

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