NS&I offers feasible savings and investment options that provide adequate returns. However, the interest rate paid to those who save or invest with the NS&I depends on various factors such as government requirements and the base rate.
Chancellor of the Exchequer Jeremy Hunt came under severe pressure after his autumn budget statement, will his tax rises impact short-term interest rates? There is growing concern that delaying the worst tax rises for another two years will not help the Bank of England in its quest to control inflation. So, could there be more short-term pain before the tax increases have an impact?