12% interest on student loans? Not so simple
Rising inflation, a high Retail Prices Index and delayed interest caps could see rising interest levels for student loans. What will it mean for student debt in your family?
Rising inflation, a high Retail Prices Index and delayed interest caps could see rising interest levels for student loans. What will it mean for student debt in your family?
With rising inflation and Russia’s recent invasion of Ukraine, it would be surprising if stock markets had carried on posting fresh gains in the first quarter of 2022, but while most registered modest falls, all markets ended in the black.
The Bank of England has suggested that interest rates may rise sooner than expected.
A global jump in inflation in 2021 is raising the prospect of a broader upward trend beyond a short-term pandemic reaction.
The Covid-19 pandemic has created problems for the statisticians who calculate the rate of inflation.
Bank of England holds off following the Fed and ECB in interest rate cuts as the search for yields gets harder.
The US Federal Reserve has made its first interest cut in 10 years – but will it have a knock-on effect?
January 2019 saw the lowest level of inflation since January 2017, with the rate recorded at 1.8%. The data was slightly better than had been expected, with the CPI rate falling to below the Bank of England’s 2% target for the first time in two years.
The popular National Savings & Investments (NS&I) savings certificates will be indexed to CPI instead of RPI from next year.
The Bank of England increased the base interest rate in August to 0.75% – the second increase in 12 months.