FinanceSimply
Monday, 13 January 2025
Bank of England Expected to Hold Interest Rates
- Mortgage rates likely to stay high for now.
- Savers will continue to see decent returns on savings accounts.
- No immediate relief for household budgets.
Energy Bills Set to Rise in April
- Average household could pay about £100 more per year.
- Price cap increase driven by wholesale gas costs.
- Consider fixing your tariff now to avoid the rise.