Money Clinic with Claer Barrett

What higher interest rates mean for your money

The Bank of England has raised its key interest rate to 4 per cent, the highest level the UK has seen since the 2008 financial crisis. Presenter Claer Barrett is joined by Helen Saxon, deputy editor of Money Saving Expert, James Pickford, deputy editor of FT Money, and Katie Martin, the FT’s markets editor, to discuss how you can best navigate those higher rates with your savings, mortgages and investments. We'd love to hear from you. Please help us by filling in our listener survey at <a href="http://ft.com/moneyclinicsurvey" rel="noopener noreferrer" target="_blank">ft.com/moneyclinicsurvey</a>. It will take you around 10 minutes to complete and you will be in with a chance to win a pair of Bose QuietComfort Earbuds! If you would like to talk to Claer about a future episode, please email the Money Clinic team at money@ft.com with a short description of your problem, and how you would like us to help.  You can follow Claer on Twitter and Instagram @Claerb  Presented by Claer Barrett. Produced by Persis Love. Our executive producer is Manuela Saragosa. Sound design is by Breen Turner, with original music from Metaphor Music.  <a href="https://www.ft.com/content/d5ed19fd-888a-44f5-be64-53aff31406ba" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

The FT’s money-making expert Claer Barrett responds to real-life money questions from a range of millennial guests gearing up to battle the cost of living crisis. Every episode is packed with nuggets, tips and takeaways shared by top FT writers and financial experts. There are no short cuts to wealth, but Money Clinic promises to tell you things you didn’t know about your finances and investing in ways that anyone can understand.  Want to talk to Claer on the show? Email <a href="mailto:money@ft.com" rel="noopener noreferrer" target="_blank">money@ft.com</a> or drop her a line on Instagram @Claerb Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.