UK inflation rate drops to 10.1% in January 2023
The consumer prices index (CPI) measure of inflation fell from 10.5% to 10.1% in January 2023, according to the Office for National Statistics (ONS).
Although inflation has dropped slightly, it is still substantially closer to its recent high …
Bank of England increases interest rates to 4%
The Bank of England has increased interest rates from 3.5% to 4%. This is the tenth 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
Happy New Year from Farrell Financial Planning
Happy New Year from Farrell Financial Planning, independent financial advisers in Glasgow.
Have you chosen your New Year’s resolution yet?
Health and fitness regimes are typically towards the top of most people’s lists.
After such a dramatic year of world …