Quote:
Interest rates could rise in the "relatively near term" the Governor of the Bank of England has told the BBC.
In the clearest indication yet that there could be a rate rise as early as November, Mark Carney suggested that it was time for the bank to "ease its foot off the accelerator".
The next opportunity for a change in interest rates is the Bank's monetary policy committee meeting on 2 November.
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http://www.bbc.co.uk/news/business-41439349
Great news for savers but not so good for borrowers.