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UK Inflation has fallen but remains above the Bank of England's 2% target.
The base rate also dictates the interest rates offered by banks on savings accounts, meaning these are likely to fall.
Reduction Made Despite Likely Rise In Inflation To 3.7% The Bank of England has trimmed its base lending rate from 4.5% to ...
The Bank of England is cutting its main interest rate by a quarter of a percentage point to 4.25% amid concerns over the ...
MILLIONS of mortgage bills are set to fall after the Bank of England (BoE) slashed interest rates this afternoon. During ...
The Bank of England has cut its main interest rate by a quarter of a percentage point as US tariffs threaten Britain’s economic recovery.
Inflation is likely to remain stubbornly high this year, the National Institute of Economic and Social Research said as it ...
"A lower Bank of England base rate generally means cheaper borrowing costs. For UK homeowners who are on a variable or ...
The Bank of England’s interest rate cut is likely to bring relief to borrowers, businesses and hard-pressed consumers across ...
The Bank of England is widely expected to look past near-term inflationary pressures in the British economy and opt to cut ...
The Bank of England (BoE) has cut interest rates but warns that inflation will rise before falling back again.