• Farrell & Farrell

Bank raises UK interest rate to 1.25%

The Bank of England’s Monetary policy committee has announced interest rates are rising by 0.25% from 1% to 1.25%.


Interest rates are now at their highest level since January 2009.

7 views0 comments

Recent Posts

See All

In response to the Bank of England interest rate increase to 3.0%, HMRC’s late payment interest rates will also increase with effect from 22 November 2022 as follows: - late payment interest rate — 4.