Three quarters of savings accounts pay less interest than the current base rate of 4 per cent, new data shows. The average interest rate on cash savings accounts is 3.44 per cent, having fallen to the ...
The Bank of England has held the base rate at 5.25% for the fifth time in a row. This rate is used by the central bank to charge other banks and lenders when they borrow money – and so it influences ...
The Bank of England has held the base rate at 4.75%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings. The base rate is used by the central bank to charge ...
The Federal Reserve has battled a variety of economic troubles over the past 35 years. Between tech busts, a financial crisis ...
The Bank of England has cut interest rates from 4% to 3.75%, the lowest level since February 2023. Analysts are divided about whether further cuts will follow in 2026. Interest rates affect mortgage, ...
The Bank of England meets eight times a year to set the base rate, a mechanism that influences interest rates on everything from mortgages to savings accounts. The next rate decision will be announced ...