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...
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...
