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Convert a nominal rate of interest (compounded monthly) to an annual percentage rate.
The nominal rate of interest applied.
Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.
25 May
The energy price cap is now expected to rise to around £2,800 in October, according to the UK's energy regulator.
24 May
A Treasury minister has stated that the government 'cannot rule out' a windfall tax on gas and oil companies in order to help with the cost-of-living crisis.
23 May
Household energy bills could change every three months under new plans proposed by the energy regulator Ofgem.