We are holding our annual programme of popular Finance Focus breakfast updates in London (29 November), Sussex (5 December) and Kent (6 December). These are key for all company directors, owners, financial controllers and others keen to keep abreast of recent business, tax, and commercial financial planning developments.
The Bank of England have today raised interest rates by 0.25% to 0.5% to help control inflation and to dampen enthusiasm for spending, as consumer debt has also been rising and this decision will have come as no great surprise to many people. There will always be winners and losers with an interest rate rise, nothing benefits everyone. The winners will be savers, although the rate rise is unlikely to be passed onto them in full or straight away. People on fixed rate mortgages will be unaffected until their rate expires. The losers will be those people with credit card debt and those on variable and tracker mortgages, seeing the first rise in their monthly payments for over 10 years.
The winners of the Johnston Press (JP) Southern Business Awards 2017 were announced on 6 October 2017 at a ceremony at the Grand Hotel Brighton. Celebrating the success of businesses in the Southern regions, Kreston Reeves Partner Alison Jones was delighted to present the Large Business Award to Christine Boxall from Guardian Angels Carers Chichester.