The Bank of England today increased its base rate by 75 basis points from 2.25% to 3%, one of the biggest increases seen for 30 years. 

The Bank of England today increased its base rate by 50 basis points from 3% to 3.5% in a move widely expected by experts.

The Bank of England today increased its base rate by 50 basis points from 3.5% to 4% - its highest rate since October 2008.

The Bank of England today increased its base rate by 25 basis points from 4% to 4.25% - the highest level for 15 years.

The Financial Ombudsman Service’s complaint uphold rate dropped to 34% in the quarter between April and June, down from 37% in the second half of 2021.

IFA consolidator firm Radiant Financial Group has acquired Irvine Financial Services, Landmark Financial Planning and Andrew Gibbs IFA for undisclosed sums.

Sanlam Wealth has rebranded to Atomos following completion of its acquisition by Oaktree Capital Management.

Financial advisers with clients who have been pursued by HMRC over inheritance tax liabilities in relation to Employee Benefit Trust (EBT) scheme have been invited to join a group action tribunal appeal against the taxman.

Asset manager Abrdn has developed materials to help advisers prepare for the Financial Conduct Authority’s (FCA) new Consumer Duty rules.

Alex Burghart MP has been appointed as the new Pensions Minister, following the departure of long-serving predecessor Guy Opperman MP.