The Judo Bank is now forecasting the Reserve Bank will raise interest rates three times in 2024. This would see borrowers paying the highest rates in almost 16 years.
Dear Sally, I am at my wits’ end with St James’s Place. I am the executor of my friend’s estate, who held investments with the firm. There is an inheritance tax bill of £800,000 to pay on his estate.
The Reserve Bank board did not consider the case for an additional increase to interest rates at its latest decision.
The startling figures have been revealed by the Students Loan Company and have fuelled fears that many young people are being landed with costs they will never be able to cover.
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