INTEREST RATES SET TO TOP 5%
Daily Record|May 25, 2023
Homeowners face big hit
GRAHAM HISCOTT
INTEREST RATES SET TO TOP 5%

HOMEOWNERS could face a massive "income shock" amid fears interest rates will surge to almost 5.5 per cent.

CPI inflation eased from 10.1 per cent to 8.7 per cent last month - but that's not as low as expected after the the Bank of England hiked interest rates.

This story is from the May 25, 2023 edition of Daily Record.

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This story is from the May 25, 2023 edition of Daily Record.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.