9 h. ago Finance expert warns savers ‘loyalty does not pay’ after Bank of England holds base rate

Now is the time to check how much your savings are earning and switch to a better returns rate.

Events

23 h. ago Bank of England boss Andrew Bailey sounds alarm over jobs as it leaves interest rates on hold

Bailey (pictured) said there had been 'signs of softening in the labour market' as a Bank survey found employers are slamming the brakes on pay rises.

Economics

32 h. ago Savers warned ‘loyalty does not pay’ as Bank of England base rate held at 4.25%

Average savings rates have been on a downward path in recent weeks, but some providers have unveiled new products.

Events

32 h. ago What the latest interest rates mean for your mortgage, savings and bills

The base rate has been held by the Bank of England at 4.25 per cent

Economics

33 h. ago Interest rates – live: Bank of England holds rate amid oil and inflation concerns

Rate remains at 4.25 per cent as experts look to balance higher inflation with economic growth

Economics

33 h. ago Bank of England holds interest rates at 4.25% amid fears Middle East crisis and rising food inflation could increase cost

Most economists had predicted that the Bank of England's Monetary Policy Committee (MPC) would opt to keep interest rates on hold at 4.25 per cent following its latest meeting.

Economics

34 h. ago UK's central bank set to keep interest rates on hold amid Middle East uncertainties

The Bank of England is set to keep interest rates on hold as fears grow that the conflict between Israel and Iran will escalate to involve the United States and send oil prices soaring and push U.K. inflation further above target

Politics

35 h. ago Brits face wait for interest rates relief with Bank of England poised to hold amid anxiety over Middle East crisis and 'sticky' inflation

The Monetary Policy Committee looks set to keep the base rate at 4.25 per cent when the latest decision is announced at noon.

Economics

36 h. ago Bank of England expected to leave interest rates on hold as Middle East conflict pushes up oil price – business live

Rolling coverage of the latest economic and financial news, as Switzerland and Philippines cut interest ratesNewsflash: We have a third interest rate cut this morning!Norway’s central bank has surprised analysts by cutting its policy rate by a quarter of one percentage point, to 4.25%. The rate had been set at 4.5% since December 2023.“Inflation has declined since the monetary policy meeting in March, and the inflation outlook for the coming year indicates lower inflation than previously expected.A cautious normalisation of the policy rate will pave the way for inflation to return to target without restricting the economy more than necessary.”“The uncertainty surrounding the economic outlook is now greater than normal. If the economy takes a different path than currently envisaged, the policy rate path may be adjusted. But our objectives stand firm. We will finish the job and ensure that inflation is brought all the way back to 2 percent.”The Monetary Board also noted indications of...

Economics

4 d. ago Savings product choice ‘at record levels but some rates at a two

Moneyfacts’ savings figures were released ahead of the next Bank of England base rate decision this week.

Politics

7 d. ago Finance expert warns people about writing their own ‘DIY will’ to save money

Ambiguous wording can lead to inheritance disputes and unintended tax implications.

Events

2 w. ago You could be owed £100s if your summer holiday flight or hotel is booked

MoneyMagpie Editor and financial expert Vicky Parry warns holidaymakers this summer to know their consumer rights if their flight or hotel is overbooked

Economics

2 w. ago Pension investments: Six steps to follow when looking at your retirement savings

MoneyMagpie Editor and financial expert Vicky Parry warns you might be investing in companies you don’t like without knowing it

Economics

last month HSBC customers told to 'review' bank accounts ahead of huge change next month

The Bank of England's base rate influences what banks and lenders charge you to borrow money, but it also dictates how much banks will pay you in interest on your savings

Economics