Local Chartered Certified Accountants for Accounting services in UK

  Introduction 2025 has brought some strong savings deals in the UK — especially for easy access, fixed-term, and ISA accounts. With rising interest rates (and inflation still a factor), it’s more important than ever to pick a savings account that works for you — whether you want flexibility, higher earnings, or tax advantages. In this post, we'll walk through the top options, regulations that matter, and what to watch out for so you don’t get stuck with a poor rate later. Key Things to Know in 2025 Rising Deposit Protection There’s a proposal to raise the FSCS protection limit from £85,000 to £110,000 per person, per institution. If you hold large amounts, this gives added peace of mind. The Guardian +1 ISA Rules Updated The Individual Savings Account regulations were amended in mid-2025. Among the changes are flexible ISA withdrawals, recognized funds in the Temporary Marketing Permissions Regime (TMPR) being treated properly, and eligibility of Long Term Asset Funds (...

 How local Accountants in Central London can help: In its latest meeting, the Bank of England (BoE) chose to keep interest rates steady at 4% , signalling that while inflation may be easing, the economy is not yet in the clear. Alongside holding rates, the BoE has also slowed down its quantitative tightening program , reducing the pace of bond sales and maturing holdings from £100 billion to £70 billion over the coming year. Financial Times +2 Reuters +2 Why This Decision? Persistent Inflation Risks Inflation in the UK remains at about 3.8% , almost twice the Bank’s 2% target. While some of the drivers are cooling, elements like wages, services, and food prices remain sticky. The BoE seems wary of pulling back too quickly in case inflation reaccelerates. Market Stability & Bond Market Concerns The QT program (selling government bonds or letting them mature without replacement) has impacts on government bond yields (gilts). Aggressive QT has contributed to volatility,...