The Bank of England’s Monetary Policy Committee has held the base rate steady at 5%. Discover how this impacts your savings and what the outlook is for the rest of the year.
In a knife-edge decision, the Bank of England’s Monetary Policy Committee has voted to reduce the base rate by 25 basis points, bringing it down to 5%. This marks the first rate cut in over four years. How does this change impact savers?
The Labour Party won the UK General Election by a landslide. But what does a new government mean for your personal finances?
The Bank of England’s Monetary Policy Committee has kept the base rate steady at 5.25%, despite inflation falling to the 2% target in May. What does this mean for your cash savings?
In three weeks’ time, voters will take to the polls to elect a new government, which could have a significant impact on your personal finances. In this article, we take a closer look at what those changes might be, so you can stay informed and safeguard your cash.
Understanding economic factors can help you make more informed financial decisions to grow and protect your wealth. In this article, we explain some of the key economic elements that can influence the growth of your savings.
There were no surprises today as the Monetary Policy Committee voted by a majority to hold the base rate at 5.25% for the sixth consecutive time. But with hints of cuts coming, is this the prime time for savers to lock in top rates?
Ahead of the Monetary Policy Committee announcement, we surveyed over 230 senior savings professionals to gauge their predictions on the base rate decision and inflation outlook.
In a widely anticipated decision, the Bank of England’s Monetary Policy Committee voted today to keep the base rate at its current level of 5.25%. This continues to be the highest rate we’ve seen for 16 years.
