Business and Tax News - Interestrates

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November 5th 2024
Tax Week 31
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INTERESTRATES - NEWS

Bank of England Holds Interest Rates at 5.25 Percent

PERSONAL TAX

Bank of England Holds Interest Rates at 5.25 Percent

After 14 interest rate increases in a row since early 2022, the Central Bank has opted to hold fire at today's meeting.
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Bank of England Raises Interest Rates Again To 5.25 Percent

PERSONAL TAX

Bank of England Raises Interest Rates Again To 5.25 Percent

14th increase in a row by the Bank of England. Not as sharp a rise as previous increase but inflation still sits at near 8 percent - 4x the target.
Government Support For People With Mortgages

GENERAL

Government Support For People With Mortgages

Following months of base rate rises and the recent jump to 5 percent, the government has outlined plans to help those struggling with mortgages.
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