Bank of England cuts interest rates

Bank of England cuts interest rates to 4.75%, in second reduction this year
Chancellor Rachel Reeves welcomes the cut, but says she is "under no illusion about the scale of the challenge facing households".
Bank of England cuts UK interest rates again despite modest budget-related inflation spike
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%
Interest rates: Bank of England UK base rate cut explained - what BOE decision means for you and mortgages
The Bank’s Monetary Policy Committee (MPC) announced on Thursday (7 November) that the rate would drop from 5% to 4.75%. Governor Andrew Bailey said that since UK inflation is now below the 2% target, the Bank was able to reduce rates to their lowest level since June last year.
Interest rates live updates: Bank of England base rate cut to help slash mortgage bills
The Bank of England has cut interest rates for the second time this year, in good news for mortgage-holders and other borrowers. Policymakers at the Bank of England opted to reduce interest rates to 4.
Live: Bank of England cuts interest rates to 4.75%
The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and analysis from the team at MoneyWeek.
UK interest rates cut – here’s the outlook for property owners and home buyers after the budget
Increased borrowing by the government often leads to higher bond yields – the rate of interest the government has to pay to investors – as it competes for funds in the financial markets. This in turn increases the cost of borrowing across the economy, which means lenders may raise mortgage rates.
Dovish BoE expects to cut rates faster than financial markets think
Official forecasts suggest inflation will be on course to hit the 2 per cent target within three years if rates fall to between 3.5 and 3.75 per cent by the end of 2025 The BoE thinks the Budget will boost growth and inflation,
BOE to Cut Rates in Decision That Will Be Overshadowed by Budget, Trump
The Bank of England is likely to lower interest rates for only the second time this year in a decision that will be overshadowed by the fallout from the UK budget and Donald Trump’s election victory.
How will the interest rate cut affect you? From inflation to mortgages
Low interest rates are used to discourage people from piling up their money in savings. High interest rates encourage saving ...
Martin Lewis reveals exactly how much your mortgage will plummet after interest rate cut
Martin Lewis has explained how much your mortgage will be impacted after the Bank of England 's latest interest rate cut. The ...
US, UK and Sweden pile on rate cuts
The United States, Britain and Sweden all cut interest rates this week, even as Donald Trump's U.S. election win introduced a ...
Bank of England cuts interest rates to 4.75% – but mortgages still set to rise
Interest rates have been cut for the second time this year ... by an average of £28.98 a month as a result of the base rate cut, analysts say. According to UK Finance, a borrower on a standard ...
AOL3d
Will UK interest rate cut make mortgages and loans cheaper?
Interest rates affect the mortgage, credit card and savings rates for millions of people across the UK. The first ...
BOE’s Pill Says Rate Cuts Hinge on No New Shocks After Trump Win
Bank of England Chief Economist Huw Pill said that future interest rate-cuts will depend on the UK economy avoiding ...
BOE Rates Won't Go Back to 'Very Low Levels,' Bailey Says
"I don't expect interest rates to go back to the very low levels that they were at prior to increasing rates unless there was ...
Trump trade war ‘could push eurozone into full-blown recession’; UK and US expected to cut interest rates today – business live
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...