The base rate also dictates the interest rates offered by banks on savings accounts, meaning these are likely to fall.

The Bank of England’s interest rate cut on Thursday will bring a sigh of relief for borrowers, businesses and hard-pressed ...

Every major lender is now offering deals under 4%, giving some respite for borrowers amid a mini price war among mortgage providers as the Bank of England (BoE) cuts interest rates. The average rate ...

The Bank also forecast a significant slowing of the US economy hit by its own tariffs. The Bank also said the impact of the ...

In the dramatic few years that followed the Covid lockdowns, the Bank increased interest rates 14 times in an effort to ...

MILLIONS of mortgage bills are set to fall after the Bank of England (BoE) slashed interest rates this afternoon. During ...

A single rate cut doesn’t signal a crisis, but it’s a nudge. The era of higher returns on your savings might be slipping away ...

The theory behind increasing interest rates to tackle inflation is that by making borrowing more expensive, more people will ...

MORTGAGE lenders have begun slashing their interest rates after the Bank of England cut its base rate today. More than a ...

adding that it will be back around target in two years time. Unlike the Bank of England, and the European Central Bank, which last month cut interest rates too, the U.S. Federal Reserve kept rates ...