Senior economists at the Bank of England will announce whether they are cutting the UK’s base interest ... several months last year. The Bank typically raises interest rates when inflation ...

The current average rate for an easy access account is about 3% a year. Any cut could particularly affect those who take the interest from savings to top up their income. In recent years, the UK ...

Experts are predicting a rate cut to 4.5% – but signs of rising inflation leave the Bank walking ‘a tightrope’ for future reductions this year ... cutting the UK’s base interest rate ...