Time to get real on interest rates
As interest rates continue to rise, we need to consider why.
As interest rates continue to rise, we need to consider why.
The Bank of England has suggested that interest rates may rise sooner than expected.
The Bank of England base rate is at an all-time low: now could be the time to review your long term financial planning, investments and retirement income.
The Bank of England increased the base interest rate in August to 0.75% – the second increase in 12 months.
UK inflation is falling faster than expected, as the March figure for the Consumer Price Index (CPI) was 2.5%.
November marked the first rise in the Bank of England Base Rate in over ten years.
The Bank of England has signalled that interest rates may rise soon.
Last month saw the first suggestions that interest rates could increase soon.
The fall in interest rates is boosting some pension transfer values.