The Bank of England has raised interest rates for the first time in 10 years. The rate has
gone up a quarter of one percent (0.25%) to half of one percent (0.5%).
Four Oaks Financial Services MD, Martin Ward says “This wasn’t unexpected, and this takes the Bank of England rate back to where it was before the Brexit Referendum. It is good news for savers and investors, and most people are ready for this anticipated rise.”
If any Four Oaks clients are concerned about this increase in any way please contact your
Adviser and we will be very happy to assist.