Base rate now stands at 5.25%
There's more misery for local home owners with variable or tracker mortgages or those looking to secure new fixed rate deals.
It follows today's rise in the base rate to 5.25 per cent.
Charges are also set to increase for some loans and credit cards that don't offer fixed interest charges.
In contrast savers will benefit from the rise.
Three-month wait for state pension forecast statements
Down on nine-month delays seen in 2024
OFT to investigate possible regulation of funeral directors
Follows 'complaints' and 'legislative developments'
"One of the Island's foremost champions of Manx heritage" to receive Tynwald Honour
Peter Kelly to be recognised for 'outstanding contribution to Manx life'
No timeline yet for reinstatement of rehab service to north
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Venezuela Fury & Noah Price wedding "a true showcase of the breadth and quality of Manx services"
Department for Enterprise welcomes couple's use of local businesses