The base rate hasn't been this low since May 2023. The chart below shows how the base rate has changed since the financial crisis in 2008. Please note that the information in this article is for ...

Interestingly, while the Monetary Policy Committee voted by a majority 7–2 to reduce base rate to 4.5 per cent, those two members opted for a deeper 0.5 percentage point cut to 4.25 per cent.

In the last few years many UK mortgage holders have been put through the mill. The Bank of England set base rates at an historic low of 0.1% in 2020, as the economy struggled to recover from Covid 19, ...

The Bank of England will announce its latest interest rates decision this week. The base rate is currently at 4.75% after it was held at the previous Bank of England meeting in December 2024.

Savers are being warned that loyalty to their account provider does not pay, following Thursday’s base rate cut (Nick Ansell/PA) Savers are being warned that loyalty to their account provider ...

HMRC interest rates for late payments will be revised following the Bank of England interest rate cut to 4.5%. The Bank of England Monetary Policy Committee announced on 6 February 2025 to reduce the ...

The Bank of England has today reduced its base rate from 4.75% to 4.5%. The Bank's nine-person Monetary Policy Committee (MPC) voted 7-2 in favour of cutting the rate by 0.25 percentage points. Read ...

Payments do not include amounts for taxes and insurance premiums. The actual payment obligation will be greater if taxes and insurance are included. Click here for more information on rates and ...

Interestingly, while the Monetary Policy Committee voted by a majority 7–2 to reduce base rate to 4.5 per cent, those two members opted for a deeper 0.5 percentage point cut to 4.25 per cent.

The average borrower on a standard variable rate (SVR) will see their monthly payments decrease by £17.17, assuming that the base rate reduction is passed onto them in full. The rate on SVR ...

Interest rate day It's a day that has been marked in our calendar for months, but in case you didn't know, Thursday will see the Bank of England's next base rate decision. Analysts are 90% sure a ...

Homeowners received a significant financial reprieve today as the Bank of England announced a cut in interest rates by 0.25 percentage points, taking it down to 4.5%. The base rate determines the ...