What the interest rate rise means for you

Why you should make sure you’re getting at least 3% interest on your savings now. And why we could be nearing a peak in interest rates. SIMON LAMBERT answers your money questions after the latest rate rise

This Is Money editor Simon Lambert explains what last week’s interest rate rise to 4% means for you and your savings in his latest video Q&A. 

He explains why savers should not hesitate to take advantage of rates of 3% or more before they start falling. 

And explains why rates could still be high when most fixed rate mortgages end. 

Watch the video here: 

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