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BoE expected to raise interest rates by 0.25%

The Bank of England is expected to raise interest rates tomorrow (Thursday) by 25 basis points in what could be the 15th rise in a row but it could also be the last rise for a while.

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Base rate rises 25 basis points to 5.25%

The Bank of England today increased its base rate by 25 basis points to 5.25%, the highest level seen in 15 years.

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Savings recover as 2 in 3 set money aside

A new survey by the government-backed Money and Pensions Service (MAPs) suggests that more people are saving despite the cost of living crisis.

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Regulators to drop £10,000 complaints claim limit

The FCA, PRA and Bank of England are to remove the £10,000 limit on compensation payments related to complaints about the regulators due to be implemented from 1 November.

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