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When the base rate changes, it has an impact on your borrowing and saving, as banks and lenders will update their interest ...
The Bank of England has cut interest rates from 4.5% to 4.25% at its latest meeting in May - the second reduction in 2025.
The theory behind increasing interest rates to tackle inflation is that by making borrowing more expensive, more people will ...
Interest rates are now at their lowest level since May 2023. Two members of the MPC, chaired by Bank Governor Andrew Bailey, voted for a bigger 0.5% cut while another two preferred keeping the ...
The chief economist of the Bank of England has warned interest rates have been falling too quickly as the rate of inflation ...
If you're a homeowner with a mortgage, chances are you've been keeping a close eye on your monthly payments over the past few ...
The Bank of England (BoE) has cut interest rates to 4.25% amid a global trade war and a weak domestic economy, marking its fourth reduction since rates peaked at 5.25% last year. The monetary ...
We expect the BoE will end the year with rates at 3.5 per cent — which means three cuts in H2 2025. Realistically, if the BoE ...
AER stands for Annual Equivalent Rate, which represents the annual interest if it's paid and compounded yearly. For those ...
Jon Smith looks at the performance of a basket of FTSE banks over the past few years and is very impressed with his findings.