Moola’s CEO, Gemma Godfrey, tells Channel 5’s Matt Barbet what people can do to save money in the face of rising interest rates. (Video below)
It's been 10 years since the UK last saw an interest rate rise. Therefore, the Bank of England's move to raise rates to 0.5% was historic.
- What’s happening? Inflation has hit a whopping 3% - which means that the cost of living is rising by the most in 5 years.