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FCA urges beefed up security to counter cyber-attacks

The FCA, alongside the Bank of England and Prudential Regulation Authority, has published a joint discussion paper on the resilience of firms in the face of hackers and cyber-attacks.

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Bank holds rate at 0.5 % but summer rise possible

The Bank of England Monetary Policy Committee has voted 6-3 to maintain the Base Rate at 0.5% this month.

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Inflation including housing costs ticks up in May

 

The main Consumer Prices Index stayed unchanged in May at 2.4% but CPIH (CPI including owner occupiers’ housing costs) rose from 2.2% in April to 2.3%.

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Most pension savers want ‘annuity-style’ income - survey


New research from wealth management and Financial Planning group Tilney has revealed that most people remain in the dark about what to do with their pensions on retirement but most still want the ‘certainty’ of an annuity-style income.

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