Plum’s CEO and Founder, Victor Trokoudes, stated: “While the UK’s big banks have been quick to increase interest rates on loans and mortgages, they have been far slower in boosting interest rates on savings accounts, effectively devaluing people’s hard-earned savings. The cost-of-living crisis shows...
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Tright here was a run of higher news from the excessive avenue at this time, as bettering retail gross sales and a brighter client confidence report offered the most recent indicators of hope for the economic system.It got here on the finish of a...
The City highlight is again on the Bank of England amid mounting hypothesis that its future of charge hikes might have already reached its peak.The Bank’s newest determination is due at midday on Thursday. After 14 consecutive rises took the bottom price of borrowing...
Chancellor Jeremy Hunt has welcomed a shock fall in inflation however warned it won't imply a pre-election “borrowing binge”, in a blow to Conservatives demanding tax cuts.Consumer Prices Index (CPI) inflation was 6.7% in August, down from 6.8% in July regardless of widespread expectation...
The latest run of fine news on the cost of living continued right now, as new figures present inflation defied City expectations by falling to six.7 per cent in August, the sixth consecutive month of slowing worth rises.An increase in Consumer Price Index inflation,...
