The Bank of England has raised UK interest rates from 5.5% to 5.75%, its fifth rate rise since last August.Its Monetary Policy Committee (MPC) warned that inflation remains a danger, saying "most indicators of pricing pressure remain elevated".
Some analysts have taken that to mean there may be a further rise this year.
The higher rates will add between �15 and �20 a month to an average �100,000 repayment mortgage, but may be good for savers who should earn higher interest.
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