Bank of England set to cut interest rates this week
The Bank of England is expected to cut interest rates to 3.75% on Thursday after inflation dropped to an eight-month low of 3.2% in November. Read the full analysis and forecasts.
The Bank of England is expected to cut interest rates to 3.75% on Thursday after inflation dropped to an eight-month low of 3.2% in November. Read the full analysis and forecasts.
Santander has reduced the credit interest on its Edge Up current account from 2.50% to 2.10% AER. Find out the key details and what it means for your money.
UK inflation fell sharply to 3.2% in November, the lowest rate in eight months. The surprise drop, driven by food prices, makes a Bank of England interest rate cut highly likely. Read the full analysis.
UK inflation fell more than expected to 3.2% in November, driven by lower food prices. Discover what this means for your cost of living and future interest rates.
HMRC warns a Christmas work bonus could push you into a higher tax bracket. A £10,000 bonus risks 40% tax. Experts recommend 'bonus sacrifice' into your pension.
Unemployment in Wales has surged to 6.1%, affecting 94,000 people, while economic inactivity remains stubbornly high at 24.5%. Explore the latest ONS data and political reactions.
Santander is reducing the interest rate on its Edge Up current account from 2.5% to 2.1% from December 17. Find out how this change affects your balance and what other perks remain.
UK unemployment rises to 5.1% with 22,000 fewer payrolled workers in September. Wage growth cools as the Bank of England faces pressure to cut rates. Read the full analysis.
Finance experts urge UK savers to move their money as the Bank of England is tipped to cut the base rate from 4% to 3.75% this week. Find out how to protect your savings.
Experts warn UK savers to lock in top bond rates now before a potential base rate cut. The top one-year bond rate rose in November for the first time since July.
Savers with major UK banks can earn up to £450 extra by switching to top easy-access accounts. Discover the best rates from Chase, Cahoot & Monument Bank.
UK savers are urged to act as billions in interest is lost due to account inertia. Experts warn now is the time to move money for better rates.
LHV Bank unveils a competitive 4.25% AER easy-access savings account. Discover the details and how recent ISA changes make this a timely option for UK savers.
Private sector employment fell 1.8% in November, the sharpest drop since July 2021. The Bank of England's survey points to a December interest rate cut amid rising inflation expectations. Read the full analysis.
A major building society warns millions could face unexpected tax bills due to a planned hike on savings interest and frozen allowances. Discover how to protect your savings now.
Nationwide Building Society has cut selected fixed mortgage rates to as low as 3.58%, offering a Christmas boost for home buyers and movers. Read the full details and expert reaction here.
Nearly 900,000 UK households with £3,500 or more in savings may receive HMRC letters about tax on interest. Check your Personal Savings Allowance now to avoid surprises.
Allica Bank's new digital account offers UK businesses high interest on idle cash and cashback, potentially earning firms £10,000. Discover how to boost your bottom line effortlessly.
The Bank of England's latest data shows new mortgage rates have dropped to 4.17%. Experts analyse the market ahead of the crucial interest rate decision. Read the full report.
The Bank of England is expected to cut interest rates on December 18, with markets predicting a 90% chance. This has already triggered mortgage rate reductions from major lenders, offering hope to home buyers.
Millions of UK households risk losing value on savings held in zero-interest current accounts. Experts urge moving funds to beat 3.6% inflation. Act now to protect your cash.
NS&I customers warned about Premium Bonds prize rate cuts as new British Savings Bonds launch with higher interest rates. Expert analysis reveals what this means for your savings.
UK households can earn up to £135 in free interest by switching to high-rate 7% regular savings accounts. Discover how to make your money work harder against inflation.
Frozen tax thresholds have dragged over 720,000 more people into the 45% additional rate band, taking the total beyond one million. Discover how this 'stealth tax' impacts the economy.
UK savers with Cash ISAs are losing real money as inflation outpaces interest rates. Discover how to protect your savings and beat the 3.6% inflation rate.
Nationwide Building Society and Virgin Money announce significant mortgage rate cuts of up to 0.19%, offering relief to UK borrowers after the Autumn Budget.
UK households earning over £50,000 face £8,165 tax demands due to frozen thresholds. Discover the impact on savings and capital gains and how to protect your finances.
The UK government extends the income tax threshold freeze to 2031, a move set to raise £7.6bn and pull millions into higher tax brackets. Discover the full impact.
Savers are rushing to lock in high-interest accounts as Bank of England rate cuts loom. Discover the top-paying providers and why switching from major banks is crucial now.
Over 5 million UK households face unexpected tax bills as rising interest rates push non-ISA savings beyond the £1,000 Personal Savings Allowance. Act now to protect your savings.