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Planners react as base rate rises to 1.25%

The Bank of England has today pushed up its base rate by 25 basis points from 1% to 1.25% as it struggles to tackle inflation.


Annuity rates hit eight-year high

Annuity rates have hit their highest point in eight years, with a further surge in annuity income expected if the Bank of England raises interest rates today, according to a new report.


Planners concerned about threat of base rate rise

Financial Planners have shared concerns about the potential impact of a further rate rise by the Bank of England.


Bank of England raises base rate to 0.25%

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

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