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We have previously highlighted the effect of the latest Budget on the Alternative Finance Sector, with the inclusion of the Innovative Finance ISA coming on line in April 2016 and the ability to earn between £500 to £1,000 of interest tax free depending on your tax bracket but it has
The Bank of England Governor Mark Carney has, on numerous occasions, confirmed that the era of long-term low interest rates is coming to an end with interest rates expected to rise starting in Q1 2016 and peaking at around 2.5%, over the next 3 years. Although this is a fivefold
It’s been a tough 8 years for savers, with a historically low base rate returning little to nothing on cash held in savings accounts. Bank of England figures show that the average base rate from 1975-2008 was 8.6%, between 2009-2015 it dropped to 0.5%, a fall of 95%. One