Skip to main content

20 August 2024 ‘Parents should start sav

20 August 2024 ‘Parents should start saving for child’s deposit at birth’

Saving up a deposit is “the biggest barrier to buying a property”, Hargreaves Lansdown head of personal finance, Sarah Coles, has argued. She said one solution would be parents putting aside a certain amount each month as a future deposit for their child. Acknowledging the current home buying landscape, Coles said: “How is anyone supposed […]

04 February 2024 Bank of England holds i...

04 February 2024 Bank of England holds interest rates at 5.25%

The Bank of England held interest rates at 5.25 per cent today (February 1) in its first interest rate decision of 2024. It it the fourth month in a row the central bank has decided to keep rates the same. The bank said it will keep interest rates high for long enough to get inflation […]