The Money Advice Trust, which runs National Debtline and Business Debtline, has responded to the Bank of England’s Monetary Policy Committee’s decision to increase intere st rates to 5.25 percent, a rise of 0.25 percentage points. Findings from a recent briefing by the Money Advice Trust show the impact high costs have already had on households. Based on a series of UK wide polls, the charity, which runs National Debtline and Business Debtline , found that a quarter of UK mortgage holders worry about money every day.
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