The Bank of England will cut interest rates to 4 per cent on Thursday, economists have predicted. The base rate, which has a large bearing on mortgage costs and savings interest for consumers, ...
Many mortgage lenders are cutting tracker and variable rates for existing customers as the dust settles on the Bank of ...
The Bank of England held the base rate at 5.25% for the fourth time in a row on Thursday 1 February. This rate is used by the central bank to charge other banks and lenders when they borrow money – ...
Forbes contributors publish independent expert analyses and insights. Bryce Hoffman writes about leadership, strategy, and decision making. The base rate fallacy is a cognitive bias that causes us to ...
Property experts report seeing a surge in interest over the past few months as people try to time future base rate cuts ...
Investment platform Wealthify has teamed up with ClearBank to offer an easy-access savings account that tracks the Bank of England’s (BoE) base rate to help time-poor savers ensure they have a ...
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 ...