The Bank of England hiked its interest rate to three per cent
The treasury minister is encouraging people concerned about their mortgages to talk to their lenders about what the interest rate increase could mean for them.
The Bank of England hiked its interest rate to three per cent - it's the single biggest increase in three decades.
Dr Alex Allinson said on Manx Radio's Update programme while the news is a shock, and can be scary, banks are there to help:
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