BANK RATE CHANGE
On 2 November 2017, the Bank of England announced that the Bank Base Rate would increase with immediate effective from 0.25% to 0.50%.
We all want to make the most of our money and plan for the future, but with so many options available for saving & investing, it can be hard to know what’s the best choice. Our Saving & Investing articles will ensure you’re much better informed when it comes to making key decisions about your financial future and putting your money to work for you.
With Christmas just around the corner, you may be worrying about one of the most expensive times of the year. In fact, according to the Money Advice Service the average UK family was planning to spend over £800 on Christmas last year!
If you’re paying off a mortgage each month but have some savings earning a low rate of interest, you might think that using this money to pay off your mortgage sooner is the right thing to do.
If you’re considering investments as an alternative to a savings account, then you may not think your options extend beyond the traditional stocks, bonds and cash.