Bank of England holds interest rates at 0.5%
The Bank of England has once again kept UK interest rates at 0.5%. This rate has now remained unchanged for 5 years.
Farrell Financial Planning do not give advice on future interest rate movements. Farrell Financial Planning are independent financial …
NS&I cuts ISA rate
National Savings and Investments (NS&I) is to reduce the interest rate on its Direct ISA by 0.25% to 1.50% AER with effect from 27 February 2014.
NS&I is one of the largest savings organisations in the UK, with over 25 …
Bank of England holds interest rates at 0.5%
The Bank of England has yet again kept UK interest rates at 0.5%. This rate has been in force since March 2009.
Farrell Financial Planning does not give advice on future inflation movements. Farrell Financial Planning are independent financial advisers …
Interest rates to be linked to unemployment
The Bank of England has announced plans to keep the Bank of England base rate of interest at 0.5% until UK unemployment falls to 7%. UK unemployment is currently 7.8%.
The announcement was made by new governor, Mark Carney, at …
NS&I Reduces Rates on Premium Bonds
National Savings & Investments (NS&I) today announced that it is reducing the annual Premium Bonds prize fund rate by 0.20% to 1.30% on 1 August 2013. Also on that date, the odds of each £1 Bond number winning a prize …