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APR

Convert a nominal rate of interest (compounded monthly) to an annual percentage rate.

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The nominal rate of interest applied.

Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.

Latest news

14 Nov 2025

Chancellor rules out cutting tax-free pension lump sum limit in Budget

The Treasury has confirmed that Chancellor Rachel Reeves will not cut the tax-free pension lump sum limit in the Autumn Budget on 26 November.

13 Nov 2025

Budget 'make or break' after sluggish growth figures, says BCC

Chancellor Rachel Reeves is facing a 'make or break' Budget after sluggish growth figures were published for the third quarter of the year, says the British Chambers of Commerce (BCC).

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