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.

This comes after the news of the Bank of England cutting the base rate of interest from 4.75% to 4.5%. “This Bank of England’s base rate has dropped down to 4.5%, the lowest we’ve seen since June 2023 ...

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, ...

RALEIGH. N.C. (AP) — Base rates for North Carolina homeowners’ insurance premiums will increase on average by about 15% by mid-2026 as part of a settlement reached by the state Insurance ...

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 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 ...

Bank of England reduces interest rate to 4.5% and halves 2025 growth forecast Bank of England cuts interest rate as it happened: Base rate falls to 4.5%; economic growth forecast also reduced on x ...

Commissions do not affect our editors' opinions or evaluations. Mortgage rates were on a downward course—until they weren’t. After falling in September to a 2024 low of 6.08%, the average rate ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Dozens of high street banks and building societies have moved swiftly to cut rates on savings products ...