Compound interest – investors best friend. I didn’t quite know where to start with this post. So I decided to go back to school. In particular to my school maths lessons and Friday afternoons. Yep, that’s right maths on a Friday. What kind of person would schedule two hours of …
Super Thursday At midday today the Bank of England (BOE) will announce its interest rate decision, latest inflation report and release minutes of the monetary policy meeting. I don’t intend to guess the outcome – I’ll leave that to the clever guys, you know – the analysts who never get …
Interest rates low – 10 Year Anniversary It’s been ten years since the last UK interest rate raise. On 5th July 2007 the Bank of England raised rates to 5.75% and now, ten years later, the rate is 0.25% with the next UK rate decision due on 3rd August 2017. …
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