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The European Central Bank cuts interest rates to record low

The European Central Bank (ECB) has cut its benchmark interest rate to a new record low of 0.5%.

The move comes amid on-going worries about the Eurozone’s economic health.

This move brings the ECB benchmark interest rate to the same level as the UK interest rate set by the Bank of England.

Farrell Financial Planning are independent financial advisers based in Glasgow. Farrell Financial Planning advise on pensions, investments, inheritance tax planning, life assurance, income protection and much more. Farrell Financial Planning do not advise on future interest rate movements.

Contact Farrell Financial Planning to find out how our independent financial advice could help you, your family or your business.


Information is correct as at 02/05/13.

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