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Bank Of England Changes Base Rate June 2022

Bank Of England Changes Base Rate June 2022

The Bank of England has announced a further 0.25% increase in its base rate from 1.00% to 1.25% with immediate effect.

This follows the increases the Bank made in December, February and March and May.

We’re continuing to review our savings and mortgage rates and will provide further information in due course.

Published: 16 June 2022

Author: Chris Meadows

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Your eligible deposits with Ecology Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.

Download the FSCS leaflet for further details or visit www.fscs.org.uk | FSCS Information Sheet

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Bank Of England Changes Base Rate June 2022

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