NS&I cuts ISA rate
National Savings and Investments (NS&I) is to reduce the interest rate on its Direct ISA by 0.25% to 1.50% AER with effect from 27 February 2014.
Bank of England holds interest rates at 0.5%
The Bank of England has yet again kept UK interest rates at 0.5%. This rate has been in force since
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.
The European Central Bank cuts interest rates to record low
The European Central Bank has cut its benchmark interest rate to a new record low of 0.5%.