Interest rate reductions on the Court Funds Office special and basic accounts: 30 May 2025
The Ministry of Justice announced on the 30th May 2025 that there is to be a reduction in the interest rates paid on funds in the Court Funds Office. Photo by micheile henderson on Unsplash THE ANNOUNCEMENT The announcement can be found here. “In…
CHANGE TO THE SPECIAL ACCOUNT RATE: DOWN TO 0.1%: PRACTICAL IMPLICATIONS
This morning the Ministry of Justice announced a reduction of interest rates for the Courts Funds special and basic accounts, effective from today (1st June 2020). THE ANNOUNCEMENT “Due to the impact of Covid-19, the Bank England reduced the base…
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