
Why does the UK have the highest inflation in the G7?
This Is Why
00:00
The Impact of Inflation on Mortgage Holders
Greg Marsh, co-founder of Financial Advice website Naus and Sky's household finance expert. High inflation means that the Bank of England is likely to need to be more assertive in keeping interest rates higher for longer. The markets now are strongly predicting that the Bank will raise interest rates next month - bad news for mortgage holders.
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