Business and Tax News - Interest

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May 15th 2024
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INTEREST - NEWS

Interest Rates Held Once Again

GENERAL

Interest Rates Held Once Again

Bank of England holds interest rates at 5.25 percent - the highest it's been in 16 years. But good news could be on the horizon.
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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.
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.
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