header-logo header-logo

Home Login E-newsletter About us

LNB NEWS: MoJ announces interest rate increase to CFO accounts

© Copyright LexisNexis 2025. All Rights Reserved.
27 February 2023
Categories: Legal News , Procedure & practice
printer mail-detail
The Ministry of Justice (MoJ) has announced an increase to the interest rates for Courts Funds Office (CFO) special and basic accounts.

Lexis®Library update: The interest rate on special accounts has increased 3.5% to 4.0% and the interest rate on basic accounts has increased from 2.625% to 3.0%. The increase was implemented on 13 February 2023 in response to the Bank of England’s base rate increase on 2 February 2023, and to ensure that the CFO Service can continue to meet operational costs.

This content was first published by LNB News / Lexis®Library, a LexisNexis® company, on 24 February 2023 and is published with permission. Further information can be found at: www.lexisnexis.co.uk.

Categories: Legal News , Procedure & practice
printer mail-details

MOVERS & SHAKERS

Read All
Sponsored by
NLJ Career Profile: Maria Karaiskos KC, Church Court Chambers

NLJ Career Profile: Maria Karaiskos KC, Church Court Chambers

Maria Karaiskos KC, recently appointed as the first female head of Church Court Chambers, discusses breaking down barriers, the lure of the courtroom, and the power of storytelling

Bevan Brittan—Bethan Gladwyn

Bevan Brittan—Bethan Gladwyn

Housing management team expands with specialist partner hire

Ionic Legal—Tania D’Souza Culora

Ionic Legal—Tania D’Souza Culora

Brand protection and IP disputes expertise strengthened with partner hire

NEWS
Read All
NLJ this week: Legal aid pioneer bows out as system fights for survival
In a special tribute in this week's NLJ, David Burrows reflects on the retirement of Patrick Allen, co-founder of Hodge Jones & Allen, whose career epitomised the heyday of legal aid
NLJ this week: Court backs Tower Hamlets database in discrimination claim
Writing in NLJ this week, Kelvin Rutledge KC of Cornerstone Barristers and Genevieve Screeche-Powell of Field Court Chambers examine the Court of Appeal’s rejection of a discrimination challenge to Tower Hamlets’ housing database
NLJ this week: Lords split as assisted dying Bill faces critical scrutiny
Michael Zander KC, Emeritus Professor at LSE, tracks the turbulent passage of the Terminally Ill Adults (End of Life) Bill through the House of Lords in this week's issue of NLJ. Two marathon debates drew contributions from nearly 200 peers, split between support, opposition and conditional approval
NLJ this week: Human Rights Act proves a healthy ‘transplant’ after 25 years
Alistair Mills of Landmark Chambers reflects on the Human Rights Act 1998 a quarter-century after it came into force, in this week's issue of NLJ
NLJ this week: Civil courts see new guidance, disputes and carers’ claims
In his latest Civil Way column for NLJ, Stephen Gold surveys a raft of procedural changes and quirky disputes shaping civil practice. His message is clear: civil practitioners must brace for continual tweaks, unexpected contentions and rising costs in everyday litigation
Copyright © 2025 LexisNexis
back-to-top-scroll