• Piggy Bank

    Wise Investment Plans

    No need to break the piggy bank savings, investing wisely can secure your future and your families, discuss with Forty One Consulting about the different investment options we have available.

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  • Pensions

    Retirement Options

    Retirement planning has always been complicated and, despite efforts to simplify matters in 2006, it unfortunately remains so. At Forty One Consulting we pride ourselves on making our clients more at ease with the complicated system to provide you with the best advice we can.

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  • Protection

    Protection

    Finding the right protection is difficult to do, at Forty One Consulting we can walk you through the different options and find the perfect protection plan to suit your needs.

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  • Frequently Asked Questions

    Frequently Asked Questions

    With the introduction of more flexible ways to access your Pension from April 2015, we are constantly being asked more questions.

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2nd November 2017

Interest rates hiked for first time in a decade

The Bank of England has today (2nd November) raised interest rates for the first time since the financial crisis.

The base rate has been increased from 0.25 per cent to 0.5 per cent.  Interest rates had been cut to 0.25 per cent in the immediate aftermath of the EU referendum vote last year.

Interest rates were cut to 0.5 per cent in March 2009 as the Bank acted to stimulate demand in the economy in a bid to stave off a deeper recession in the wake of financial crisis.

Since the further cut to 0.25 per cent last August, inflation has moved consistently above the Bank of England's target rate of 2 per cent, with the most recent reading showing inflation was 3 per cent in September.

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