Countdown to the Autumn Statement
Watch the Farrell Financial Planning blog on Thursday 5th December to get easy to understand highlights of this year’s Autumn Statement.
UK household debt sets new record
Household debt in the UK has reached a new high.
UK inflation rate falls to 2.2% in October 2013
The Consumer Prices Index (CPI) measure of inflation fell to 2.2% in October, according to the Office for National Statistics.
Interest rates to be linked to unemployment
The Bank of England has announced plans to keep the base rate of interest at 0.5% until UK unemployment falls to 7%.
NS&I Reduces Rates on Premium Bonds
NS&I to reduce Premium Bonds prize fund rate. Premium Bonds are unlikely to stop the value of your money being eroded by inflation.