Bank of England Maintains Interest Rate at 5.25%
Bank of England maintains a steady 5.25% interest rate amid concerns of persistent inflation, projecting a cautious economic future for the UK. Businesses urged to plan resilient financial strategies in response to the extended hold on rates and prolonged fiscal...
UK House Prices Rise Unexpectedly Amid Supply Scarcity
In the scarcity of supply of properties in the market, UK house prices sees an unexpected rise in October.
Interest Rate Rises Impact UK Household Wealth, Say Experts
This article discusses the recent decline in total household wealth in the UK, attributing it to the surge in interest rates, impacting house prices and pension funds, and explores the potential implications for different age groups and regions.
Bank of England Leaves Interest Rate at 5.25%
The Bank of England has maintained the interest rate at 5.25%, citing minimal inflation drop and the need for restrictive monetary policy. Experts warn of potential harm to economic growth and the challenges for high-debt companies.
Bank of England Raises Interest Rates to 5.25% Amid Soaring Prices and Easing Inflation
The Bank of England raises its interest rate to 5.25% to tackle the issue of inflation.
Brace Yourself for HMRC’s New Interest Rates – Highest Since 2001
This article discusses the recent increase in late payment and repayment interest rates to 7.5% and 4%, respectively, following the Bank of England's base rate rise to 5%, with implications for various tax bills and the likelihood of further adjustments...
