The Bank of England has today increased its base rate by 25 basis points from 0.5% to 0.75%. 

The Bank of England has increased its base rate from 0.25% to 0.5% today as it looks to battle rising inflation.

Planners are reporting some client families under financial stress as borrowing soars during the pandemic.

The Bank of England has increased its base rate from 0.1% to 0.25% today, the first rise in rates for three years.