Bank of England interest rate announcement | 20 June 2024
The Bank of England has today held the base rate at its current level of 5.25%. Yesterdays announcement that inflation had finally been wrestled to its target of 2% was certainly welcome news. However the reality is that with costs for things like food and utilities still significantly higher than they were 3 years ago, […]
Three organisations, Three Peaks and one BIG challenge!
Three organisations, three peaks and one BIG challenge When Rothley Law first approached PLG about their charity challenge to complete the Three Peaks challenge, we were definitely up for helping out. Rothley Law have nominated Headway Birmingham & Solihull as their Charity of the Year, and the charity is set to benefit not only from […]
Protecting from weather elements during construction
Weather and its impact on construction projects On our client’s project in Bexleyheath, PLG have erected a temporary roof solution to safeguard against onsite delays. A little rain may not seem like much, but weather conditions can impact many areas of a construction project. Rain, snow, frost, and even hot weather can all have a […]
Bank of England interest rate announcement | 21 March 2024
The Bank of England today announced it will again hold the interest rate at 5.25%. Despite inflation falling to 3.4% in February to the lowest levels for two and a half years it is still some way off the 2% target set by the Bank of England. As we have said many times previously, a […]
Bank of England interest rate announcement |1 February 2024
The Bank of England again holds interest rate As widely expected, the Bank of England has just announced that it would hold the interest rates at 5.25%. This decision came after inflation unexpectedly rose to 4% in December, up from 3.9% the previous month. Despite increasing 14 times from 0.1% in December 2021 to 5.25% […]
Bank of England Interest Rate Announcement | 14 December 2023
Decision by the Bank of England to hold the base rate at its current level of 5.25% was not a huge surprise. Although today’s decision was welcome, existing financial pressures mean it will be a bleak winter for some. The real issue now facing the decision-makers is how this affects the economy as a whole. […]
Bank of England Interest Rate Announcement | 2 November 2023
Although today’s decision to hold interest rates at 5.25% had been widely predicted and was welcome good news for Britain’s homeowners it doesn’t reflect the full picture in terms of the housing market and the economy as a whole. Whilst one report stated yesterday that there had been a slight rise in house prices in […]
How mortgage rates have shaped housing for generations
The relationship between mortgage rates and the housing market is a complex dance that has influenced homeowners for decades. Given the dramatic rises over the last 18 months, we thought it was worth exploring this connection from the 1990s to the present day. The Early 1990s The 1990s began with significant challenges for the UK […]
Empowering deaf and hard of hearing children with sign language
Every year, the International Week of Deaf People and International Sign Language Day serve as poignant reminders of the importance of inclusivity and communication in the world. This year, on International Sign Language Day, we speak to Debbie, wife of Director, Glenn Hotchin, and a Deaf Inclusion Worker at a mainstream primary school in Torbay, […]
Bank of England Interest Rate Announcement | 21st September 2023
Todays decision by the bank of England to hold the base rate at 5.25% has delivered an unexpected and pleasant surprise for Britain’s homeowners. Yesterdays slight drop in the rate of inflation will certainly have had an impact on the decision and over the last 2-3 weeks many lenders were already offering much better than […]