Several economists believe there will be just one more base rate cut this year as a result of higher than expected inflation ...

The bank says it no longer expects the Bank of England to cut rates in June and now sees the base rate reaching 3.5% in ...

When the base rate changes, it has an impact on your borrowing and saving, as banks and lenders will update their interest rates to reflect the Bank of England decision ...

Analysts at Pantheon Macroeconomics argued that persistent inflation and a sharp rise in the minimum wage will probably keep ...

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 in May 2023. Andrew Bailey, governor of the Bank of England, said: “Inflationary ...

Mortgage rates could end up ticking back up in the future, brokers have said, as the Bank of England’s chief economist warned ...

The Bank raised its forecast for UK economic growth this ... Decreasing the base rate intends to do the opposite. The Bank of England uses the base rate to control inflation in the UK.

Two members of the Bank of England's Monetary Policy ... which could lead to the BoE keeping base rate 25 basis points higher than forecast under its baseline forecast. She said: 'Underlying ...

The central bank cut the UK’s base interest rate from 4.5 per cent to 4.25 per cent following a slowdown in inflation in recent months. Andrew Bailey, governor of the Bank of England ...

The Bank of ... previous 0.75% forecast due to a strong start to 2025. However, it cut its UK growth forecast to 1.25% for 2026, from 1.5% in its February projections. The base rate significantly ...

A 25-basis-point reduction in the Bank of England's base rate will be a boon for anyone looking to buy a new home and get a cheaper "fixed-rate" mortgage deal from a bank or lender, or for those ...