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Nov 2022
14m 42s

The Economy: 2. Interest Rates and Mortg...

Bbc Radio 4
About this episode
Why does the interest you pay on your credit card or your mortgage rate go up and down? What’s the Bank of England got to do with it all? In this episode, Tim Harford explains why the banks need to charge you interest when you borrow money and explains why the Bank of England might put interest rates up. Economic historian Victoria Bateman tells us why the B ... Show More
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