Current outlook for UK interest rates

outlook for interest rates

The Bank of England (BoE) announced recently that the Bank Rate would stay at 5.25 per cent, where it has been since August 2023 and its highest level since April 2008.

How to limit the impact of low interest rates

Interest rates

One of the less obvious impacts of the COVID-19 pandemic has been an increase in the number of people who are now taking an interest in stock market investing. Online brokers and apps have seen demand surge, as locked-down individuals seek to profit from the economic changes we have seen over the past 12 months.

Signs point to potential inflation

Man smiling money

The current state of the global economy might suggest that inflation will remain weak for the foreseeable future. However, there are signs that pressure is growing on the price of many goods, and this can have implications for investors.

The Interest Rate Rise and what it means for the markets

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For the first time in over a decade the Bank of England has raised its interest rate. The official bank rate has been lifted from 0.25% to 0.5%, the first increase since July 2007. The move reverses the cut in August of last year, which was made in the wake of the vote to leave […]

UK Interest Rates Cut: What does it mean for you?

        With the Bank of England reducing the base rate to just 0.25%, we look at the likely impact on mortgage and savings rates and pensions. The Bank of England have cut interest rates to a new base rate of 0.25%. This is the first cut since 2009, and how welcome it is […]