5 h. ago New interest rate cut could see people with tracker mortgage save nearly £350 a year

People with savings are set for a further slump after the Bank of England cut the base rate to 4.25% on Thursday.

Economics

6 h. ago What the Bank of England's interest rate cut to 4.25% means for you

The Bank of England has voted to cut interest rates by 0.25 basis points, which will be welcome news to those with a mortgage.

Politics

6 h. ago UK interest rates fall to 4.25% as Bank of England announces a quarter

Move follows run of downbeat economic data and looks to cushion UK from Trump’s trade war falloutExplainer: what does it mean for mortgages and savings?Analysis: mood-boosting rate cut is a fillip for Reeves but leaves future uncertainBusiness live – latest updatesBank of England policymakers have cut interest rates by a quarter point to 4.25% to cushion the UK economy against the impact of Donald Trump’s trade war.The widely expected move from the Bank’s monetary policy committee (MPC), its fourth cut since last August, also carried a warning that the UK economy would slow by a further 0.3% over the next two years in addition to dramatic cuts to its forecasts earlier this year. Continue reading...

Politics

7 h. ago Interest rates cut to 4.25%: What it means for your mortgage and savings

The Bank of England has voted to cut interest rates by 0.5 basis points, which will be welcome news to those with a mortgage.

Economics

7 h. ago Bank of England CUTS interest rates in relief for struggling Brits as fears over stalling economy outweigh inflation threat

The Monetary Policy Committee reduced the level from 4.5 per cent as fears over the stalling economy outweighed the threat of inflation.

Economics

7 h. ago Bank of England cuts interest rates to 4.25 per cent in boost to businesses

Following cuts in February and now May, the base rate is down from a high of 5.25 per cent to a level last seen two years ago in May 2023

Economics

7 h. ago Bank of England cuts interest rates by a quarter point to 4.25%

The cost of borrowing is now at its lowest for two years in a boost to home owners, first time buyers and small businesses

Politics

7 h. ago What the Bank of England's interest rate cut means for your mortgage

The UK base rate has been reduced from 4.5 percent down to 4.25

Economics

7 h. ago What the interest rate cut means if you have a mortgage, loan, or savings

The Bank of England has cut interest rates and this is what it means in practical terms

Economics

7 h. ago Bank cuts interest rates to 4.25% as tariff tensions dampen growth

The central bank cut the UK’s base interest rate following a slowdown in inflation in recent months.

Economics

10 h. ago Relief for struggling Brits with Bank of England poised to cut interest rates TODAY in bid to kick

The Monetary Policy Committee is widely expected to reduce interest rates from 4.5 per cent in its latest decision just after noon.

Politics

11 h. ago Buyers wait for more interest rate cuts as London house prices rise just 1.3%

Latest figures from Halifax come ahead of the Bank of England’s decision on rate cuts today

Economics

12 h. ago Interest rates live updates: Bank of England poised to cut interest rates in boost to mortgage holders

Economists expect Bank of England to cut rates to 4.25 per cent – with some anticipating push for even larger reduction

Economics

12 h. ago The Bank of England is expected to cut interest rates in the face of US tariffs threat

The Bank of England is widely expected to cut interest rates on Thursday as a result of the potential shock to growth emanating from the tariff policies of the Trump administration

Economics

27 h. ago Bank of England poised to cut interest rates as tariffs to weigh on growth

Most economists think UK interest rates will be reduced to 4.25% from their current level of 4.5% on Thursday.

Economics

33 h. ago UK and eurozone construction declines slow; European markets fall ahead of Fed rate decision – business live

People’s Bank of China cuts interest rates due to global uncertainty and ‘trade tensions’Matthew Pointon, senior commercial real estate economist at Capital Economics, said:The commercial balance was at its lowest since the height of the Covid lockdowns in May 2020. Early signs of a recovery in construction activity in late 2024 have therefore been snuffed out. Elevated interest rates will be partly responsible, but uncertainty caused by the US tariff announcements may also be weighing on activity.Admittedly, UK property is relatively well insulated from the impact, and some sectors may even benefit. Construction costs may also ease if materials that had been destined for the US are rerouted to the UK. But the rise in overall economic uncertainty may cause some developers to delay plans until the outlook becomes clearer. Indeed, the new orders balance saw a small fall to 44.0, from 44.2 in March. Continue reading...

Society

41 h. ago China's central bank cuts key interest rate as US tariffs threaten economy

China’s central bank has cut a key interest rate as U.S. tariffs threaten the economy

Economics

3 d. ago Bank of England set to cut interest rates as US tariff impact hits UK economy

The Bank is trying to ease borrowing costs as economic growth is predicted to be slowed by the impact of Trump's tariffs

Economics

3 d. ago Bank of England poised to cut rates as fears grow over impact of Trump tariffs

Markets suggest quarter-point reduction to 4.25% is almost certain but some economists say Bank must go furtherThe Bank of England is poised to cut interest rates on Thursday amid growing concerns over the hit to UK jobs and growth from Donald Trump’s increasingly erratic global trade war.In the Bank’s first intervention since the US president’s “liberation day” tariff policy announcement sent shock waves through the world economy, Threadneedle Street is expected to reduce its key base rate from the current level of 4.5%. Continue reading...

Politics

4 d. ago Bank of England set to cut interest rates as US tariff impact in focus

Most economists are expecting rates to be reduced by 0.25 percentage points on Thursday.

Economics