Potential rate hike, care costs and 'bogus' self-employment - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …
Get ready for the first rate hike in 10 years This Sunday Times article sets the scene for what would - or perhaps that should be ‘will' - be the first interest rate rise in the UK in a decade. It takes as its starting point a Reuters poll last week that found more than two-thirds of leading economists surveyed expect the Bank of England's Monetary Policy Committee will increase rates by 25 basis points when it meets on Thursday. The piece moves on to consider how a higher interest rate might affect different groups of people - warning, for example, the average variable-rate borrower w...
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