Bank of England increases interest rates to 5.25%
The Bank of England has increased interest rates from 5% to 5.25%. This is the fourteenth consecutive interest rate rise.
The Bank of England’s Monetary Policy Committee (MPC), who set interest rates voted as follows:
- 6 members voted to move
Bank of England increases interest rates to 5%
The Bank of England has increased interest rates from 4.5% to 5%. This is the thirteenth consecutive interest rate rise.
The Bank of England’s Monetary Policy Committee (MPC), who set interest rates voted as follows:
- 7 members voted to move
Bank of England increases interest rates to 4.5%
The Bank of England has increased interest rates from 4.25% to 4.5%. This is the twelfth consecutive interest rate rise and brings interest rates to their highest level since 2008.
The Bank of England’s Monetary Policy Committee (MPC), who set …
Bank of England increases interest rates to 4.25%
The Bank of England has increased interest rates from 4% to 4.25%. This is the eleventh consecutive interest rate rise.
The Bank of England’s Monetary Policy Committee (MPC), who set interest rates voted as follows:
- 7 members voted to move
How did the budget affect how much you can pay into pensions?
The spring 2023 budget announced some substantial changes to the limits that apply to pension contributions.
Each year individuals can generally invest into pensions the lower of:
-
- Their earned income.
- The annual allowance.
- The tapered annual allowance.
There is also …