Banking
Bank of England votes to kee...
The Bank of England’s Monetary Policy Committee has voted to keep the officialbank interest rate at 0.5%. The committee also voted to maintain quantative easing at £200 billion. The last b...
Interest rate rise may push...
A leading debt charity has warned that the number of homeowners struggling to pay theirmortgages is expected to rise this year, particularly if the Bank of England raises interest rates tocombat spira...
No such thing as ‘free...
The notion that British consumers benefit from ‘free in credit banking’ is a misnomer, according tothe Treasury Select Committee. The Daily Telegraph reports that whilst a minority of cons...
Junior ISAs promise a tax-fr...
Parents can build a tax-free nest egg for when children reach 18-years-old with anew junior ISA. The proposed ISA will be open to around six million children from November 1. Parents run the account t...