Will today's interest rate rise hit travel businesses?
July 5, 2007
Interest rates have risen another quarter percent, adding £16 per month to a £100,000 mortgage repayment.
It’s the fifth rise since last August and some economists warn there could be a further delayed hit to households with fixed-rate mortgages, who won’t feel the pinch until their current mortgage-rate agreement expires.
What do you think the impact will be on the holiday market? Are your customers getting more nervous about spending on their credit cards?
Emily Ashwell, business and community editor
Nathan Midgley
Martin Couzins
