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Loyalty to account providers does not pay, savers warned following base rate cut
According to financial information website Moneyfactscompare.co.uk, the average easy access savings rate on the market at the ...
Interest rates fall even further – here’s what it could mean for you
In the dramatic few years that followed the Covid lockdowns, the Bank increased interest rates 14 times in an effort to ...
This is Money9d
When will interest rates fall again? Forecasts on when base rate will be cut
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.
PropertyWire8d
Three more base rate cuts expected this year
Share this Share on Facebook Share on Twitter Share on LinkeIn The markets expect there to be three more base rate cuts this year, which means it should be down to 3.75% by the close of 2025. This ...
Which9d
Base rate cut to 4.5% – what does it mean for mortgage and savings rates?
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 ...
Mortgage Strategy9d
Timeline of mortage rates since August base rate decision
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, ...