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Interest Rates UK Rise to 5% Bank of England. DO THIS NOW! JUNE 2023 Update [Video]

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Interest Rates UK Rise to 5% Bank of England. DO THIS NOW! JUNE 2023 Update

Interest rates UK have risen to 5% in the UK for JUNE 2023 by the Bank of England. Here is what to do for Mortgages, First Time Buyers, Savings, Debt, Investing. Take Control of your finances and Grow Your Money in these times



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Canon EF 24 – 70mm F2.8L Lens –
Canon EF 50mm F1.4L Lens –
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★★ ABOUT US ★★


I’m married to Ken and we have two boys aged 6 and 4. I’m a Londoner, born in Hackney! 🙂

Day to day, I run the operations of The Humble Penny as a creative – doing everything from marketing to video editing. I studied Multi-media design and technology at Uni.

When I’m not creating, I love vegan food, travelling, working out, and doing some outdoor fun things with my husband and kids 🙂


I’m a husband, dad, and a First-Generation Immigrant to the UK. I started life poor in the UK and I’ve spent the last 20 years on a steep journey of Personal Development.

Former CFO with over 12 years of experience in the investment business. I’m also a Chartered Accountant and hold an MBA from Cambridge University.

To explore my creativity, I’m a blogger and YouTuber by night. I create from my experiences as a family man and entrepreneur.

I have a passion for all things Financial Education, Business, and Personal Development. I also love Photography, Music, Travel, and Sport.

We became Financially Independent aged 34 and our story has been featured on the BBC, Mail Online, Channel 5, Metro, etc.

We share content to inspire and teach others how to achieve Financial Independence and Freedom too 🙂


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Visit our online school at Financial Joy Academy for Video Courses:


0:00 – The announcement
2:47 – UK Economy update
4:48 – Inflation Update
10:18 – Interest Rates – Future expectations
12:31 – Mortgages – What to do now
20:12 – Struggling to pay your mortgage?
22:40 – Renters – What to do now
24:20 – First Time buyers – What to do now
25:05 – Buy To Let – What to do now
25:33 – Debts – What to do now
27:19 – Savings – What to do now
28:57 – Investing – What to do now
29:28 – My Conclusion

★★ About this video ★★

Interest Rates UK Rise to 5% Bank of England. DO THIS NOW! JUNE 2023 Update

Massive thanks for watching and following our channel 🙂 ♥

Best, Mary and Ken Okoroafor

NOTE: For FULL Transparency, some links above may be Affiliate Links. We do NOT offer Financial Advice. Your investments can go up as well as down. Past performance does not guarantee future returns. So please do your own research before investing.

#interestrate #interestratesuk #inflation

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