3 share ideas that could be helped by higher interest rates

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We take a closer look at 3 shares that could be helped by higher interest rates.

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

2 August 2023

Most recent inflation data of 7.9% may have been a nice surprise compared to expectations of 8.2%. But with interest rates being hiked by 0.25% up to 5.25% by the Bank of England, this could help bring it down further.

UK inflation falls to 7.9% – what it means for interest rates, mortgages, and the economy

The UK base rate is expected to sit between 5-6% for the rest of this year and all of 2024. We’ll need to strap in for higher interest rates for longer than most of us would like.

Higher rates mean a higher cost of borrowing. That’s a challenge felt by both individuals and businesses. But there are some sectors that are better equipped to ride a higher interest rate wave. Here we look at three businesses that we think could perform well.

This article isn’t personal advice. If you’re not sure an