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 Interest rates live updates: Bank of England slashes interest rates to 4.25% in boost to homeowners

It marks lowest level for two years as central bank warns escalating global trade war will drag on growth over next three years

Society

6 h. ago Tracker mortgage holders could save nearly £350 a year following rate cut

Thursday’s base rate reduction by the Bank of England would help boost housing market activity, property experts said.

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

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 Interest rates live updates: Bank of England slashes interest rates to 4.25% in boost to home owners

Comes as the US and UK are poised to announce a major trade deal

Society

9 h. ago Interest rates LIVE: Bank of England updates as base rate announcement delayed today

The Bank of England's base rate dictates how much interest you pay when you borrow money, so mortgages and credit card rates usually get more expensive when it goes up

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

28 h. ago Bank of England to make interest rate announcement this week

Announcements are watched closely by savers, borrowers and financial markets in the UK and worldwide

Politics

29 h. ago UK savers told to ‘move fast’ ahead of expected interest rate change

Savings rates are ‘firmly in retreat mode’ says one expert

Politics

54 h. ago Bank of England set to make next interest rates decision on Thursday

The base rate is what the Bank of England uses to charge other banks and lenders money - this then influences how much you're charged as a customer to borrow money

Politics

58 h. ago Barclays makes major change to savings account in huge blow to customers

It comes ahead of the Bank of England announcing its next interest rate decision on Thursday, where it is widely expected that the base rate will be cut from 4.5% to 4.25%

Economics

2 w. ago IMF forecasts three more Bank of England rate cuts this year

The International Monetary Fund has slashed its forecasts for the UK economy on the back of Donald Trump's trade tariff uncertainty warning the UK is likely to see an inflation spike

Politics

3 w. ago Could Trump’s tariffs push cash ISA rates higher for UK savers?

With Cash ISAs relying on the Bank of England’s base rate of interest for their saving returns, could the inflationary impact of Trump’s tariffs lead to better opportunities?

Politics

3 w. ago Asian shares sell off as US curbs on Nvidia chip sales to China fuel trade fears; UK inflation slows to 2.6% – business live

Gold surges nearly 2% to new record high; UK food inflation slows and fuel prices fall while clothes prices riseFinancial markets are betting on an interest rate cut from the Bank of England meeting at its May meeting, estimating an 86% probability.They have fully priced in three quarter-point rate reductions this year.A sharp pickup in inflation from April is all but guaranteed. Ofgem’s 6.4% increase to its price cap, after a large fall last year, means we expect the energy component will add 0.7ppts to CPI inflation in April. A significant increase in water bills means the contribution from the core goods category is also set to rise. In addition, we expect businesses to pass on some of the increase in labour costs caused by the recent rises in employers’ National Insurance Contributions (NICs) and the National Living Wage onto consumers. Inflation is likely to peak in the autumn, before starting to cool as the contribution from the energy category fades.The MPC has lowered Bank R...

Economics

4 w. ago Mortgage rates fall in 'silver lining' for borrowers after Donald Trump tariffs

The reductions are down to interest rate swaps – which move in line with expected changes to the Bank of England base rate – having dropped since President Trump announced his tariffs

Politics