In September, the UK inflation came in much weaker than expected, causing the pound sterling to fall dramatically.
Interest Rates
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Bank of England warns of impending interest rate increases
In recent days, the Bank of England (BoE) has warned that it intends to increase interest rates “sooner and faster” than previously expected over the coming months.
Only 8 per cent of Britons aware that ISA savings form part of their ‘taxable estate’
A recent survey has revealed that only 8 per cent of Britons are aware that ISA savings form part of a person’s ‘taxable estate’ under inheritance tax laws.
RBS cuts face-to-face service and brings in ‘robo-advisers’
The Royal Bank of Scotland is preparing to shed 550 jobs as part of a plan to replace staff who offer investment tips with so-called ‘robo-advisers’.
£22.2 billion paid out so far in PPI mis-selling scandal
The Financial Ombudsman Service has published the latest complaint figures against financial firms, with banks continuing to dominate.
Britain’s ex-regulation chief warns of indefinite low rates
Former City regulator Lord Adair Turner says the UK is “stuck in a very deep economic malaise” and “radical policies” are needed to get out of it.
