News

The Independent3m

Interest rates: Why have they been cut and what does it mean?

What happened to interest rates on Thursday? The Bank of England’s Monetary Policy Committee (MPC) reduced the base interest ...

Bank lowers UK interest rates but warns ‘uncertainty’ about future cuts

Governor Andrew Bailey described it as a ‘finely balanced decision’ after MPC members were forced to hold a second vote.

Bank of England cuts rates to 4% after narrow 5-4 vote

BoE sees inflation peaking at 4%, twice its target Read more at straitstimes.com. Read more at straitstimes.com.

The Bank of England cuts its main interest rate to 4%, the lowest level since March 2023

The Bank of England has cut its main interest rate by a quarter percentage point to 4%, as policy makers seek to bolster the ...
Mortgage Solutions16m

Nationwide, Santander, Virgin Money and Clydesdale Bank cut selected variable rates post-base rate change – round-up

Nationwide is lowering its standard mortgage rate (SMR) by up to 0.25% following the base rate cut earlier today.
Mortgage Strategy55m

MPC decision: Rate cuts, but ‘not too quickly’, says BoE Bailey.

Bank of England governor Andrew Bailey warned that the base rate would not be lowered "too quickly or by too much" after the ...

Interest rates live: Bank of England warns surging food prices could push inflation to 4%

The Bank of England's governor has warned that rising food prices could push up inflation to 4 per cent, after another cut to interest rates.The Monetary Policy Committee voted 5-4 for a drop of 0.25 ...