The Bank of England has today pushed up its base rate by 25 basis points from 1% to 1.25% as it struggles to tackle inflation.

Financial Planner and wealth manager Evelyn Partners has appointed Ricky Wilson as a Financial Planner in its Bracknell office.

Annuity rates have hit their highest point in eight years, with a further surge in annuity income expected if the Bank of England raises interest rates today, according to a new report.

The Financial Conduct Authority is taking steps to intervene in the cost of living crisis after finding 30 consumer credit firms failing in some areas. 

Wealth manager and Financial Planner Quilter has rebalanced its WealthSelect manager portfolio service to move its investments towards traditional fixed income.

More than one in 10 Financial Planners (12%) have seen clients postpone retirement due to the cost of living crisis.

Economic growth will slow to a crawl next year, according to a Treasury poll of leading economic forecasters. 

Law firms Leigh Day and Harcus Parker have joined forces to submit a joint claim against Link Fund Solutions over its handling of the collapsed Woodford Equity Income Fund.

Fast growing Financial Planning and wealth management firm Kingswood has completed the £421,000 acquisition of Lincolnshire-based IFA Vincent & Co.

Law firms Leigh Day and Harcus Parker have joined forces to submit a joint claim against Link Fund Solutions over its handling of the collapsed Woodford Equity Income Fund.