Bank of England keeps interest rates unchanged at record low of 0.1%

British economy to grow at fastest rate since WWII: Bank of England significantly upgrades growth forecast for 2021 to 7.25% – up from 5% – after jab rollout success and lockdown easing By Mark Duell for MailOnline Published: 12:18 BST, 6 May 2021 | Updated: 12:35 BST, 6 May 2021 Advertisement The Bank of England … Read more

Biden administration will send Covid vaccines directly to doctors in rural areas to boost shot rates

President Joe Biden is planning to announce on Tuesday that coronavirus vaccines will be sent directly to rural areas in the hopes of getting more employees and residents immunized. According to NPR, the Biden administration has crated a list of physicians who are based in ‘socially vulnerable’ communities. These are neighborhoods where many people live … Read more

Biden’s adviser pushes ‘global minimum tax’ to keep U.S. competitive after vow to raise rates 

Joe Biden’s economic adviser pushed Sunday for a ‘global minimum tax’ for corporations in order to close loopholes in companies relocating overseas to circumvent rate hikes in the U.S. ‘The idea is to make sure that corporations are paying their fair share,’ Council of Economic Advisers chair Cecilia Rouse told ‘Fox News Sunday.’ ‘To button … Read more

Biden’s adviser pushes ‘global minimum tax’ to keep U.S. competitive after vow to raise rates 

Joe Biden’s economic adviser pushed Sunday for a ‘global minimum tax’ for corporations in order to close loopholes in companies relocating overseas to circumvent rate hikes in the U.S. ‘The idea is to make sure that corporations are paying their fair share,’ Council of Economic Advisers chair Cecilia Rouse told ‘Fox News Sunday.’ ‘To button … Read more

Personal loan rates on £10,000 hit record lows despite the pandemic

Those looking to borrow to fund home improvements might not be able to take advantage of an interest-free advance from Conservative Party HQ, but they can benefit from a recent fall in loan rates. Despite the ongoing pandemic, banks and other lenders have cut borrowing rates since January, with lower-value of loans of between £5,000 … Read more

Low interest rates drives retirees towards riskier investments

Low interest rates drive retirees towards riskier investments: What should you do to reduce the hazards? Rock bottom rates have influenced older people’s financial decisions Some may invest in products not covered by compensation scheme What steps should you take to ensure protection? Find out below Do you need help fixing your finances? Find a … Read more

More misery for embattled savers with rates at an all-time low

More misery for embattled savers with fewer accounts on offer and rates at an all-time low By Money Mail Reporter For The Daily Mail Published: 22:00 BST, 20 April 2021 | Updated: 22:00 BST, 20 April 2021 Savers ave the choice of just 1,340 accounts while average rates have fallen yet again over the past year … Read more

Cash savings websites offer huge rates boost

Cash savings websites paying four times the best rates on offer from banks and building societies By Sylvia Morris For The Daily Mail Published: 22:01 BST, 20 April 2021 | Updated: 22:01 BST, 20 April 2021 Cash savings websites offer exclusive deals that pay four times the best rates on offer with banks and building … Read more

Which lenders are offering Government-backed 5% deposit mortgages – and what are the rates and fees?

First-time buyers will be able to get Government-backed mortgages with deposits of just 5 per cent from five major banks and building societies from today. The scheme, which is also open to current homeowners, was first announced in the Budget and will see lenders advance 95 per cent of the purchase price on homes worth … Read more

Best cash Isa rates: Marcus Bank fails to spark a tax-free rate war

No green shoots for Isa savers as the new tax year sees saving rates fall as Marcus fails to spur a tax-free rate war Rates on easy-access Isas have fallen from 0.46% in March to 0.41%  March and April is usually ‘Isa season’ when banks compete for savers’ cash   Rates are now at an all-time … Read more