CPI inflation doubles to 0.6%

CPI inflation doubled in December to 0.6% from 0.3% the previous month.

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Bank of England maintains rate at 0.1%

The Bank of England’s Monetary Policy Committee (MPC) voted yesterday week to maintain its Bank Rate at 0.1%.

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Interest rate rises could be ‘more frequent’

Interest rate increases could be “more frequent” Bank of England governor Mark Carney has said after the Bank Rate was held today at 0.75%.

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Last-minute ISA investors backing UK funds

Figures from investment platform Hargreaves Lansdown have revealed that UK funds are becoming more popular with last minute ISA investors as the end of the tax year looms this week.

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