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. 

The Bank of England has held its base rate at 0.1% today despite predictions of a rise to 0.25%.

The Bank of England has called for regulation for cryptocurrency saying that crypto finance “poses risks to financial stability.”