26 March 2025
The long road to lower rates: how can lenders and borrowers strap in for the long haul?
In January, UK inflation jumped to 3% from 2.5% the previous month. After a difficult few years, borrowers and lenders have been searching for the light at the end of the tunnel. The latest figures – driven by higher food costs and preceded by rising energy bills, train fares and even moving costs in the form of higher stamp duty for some – indicate that they’ll have to wait a little longer for relief.
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