- Farrell & Farrell
UK: Bank of England raises interest rates
The Bank of England has raised interest rates from 1.25% to 1.75%. This is the biggest rise for 27 years, as it battles to keep a lid on surging inflation.
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See AllThe Government plans to cut student loan interest rates in England and Wales for the second time this summer as inflation and the cost of living continue to soar. Interest rates will not be increased
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In response to the Bank of England interest rate increase to 1.75%, HMRC’s late payment interest rates will also increase with effect from 23rd August 2022 as follows:- late payment interest rate — 4.
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