The Bank of England is expected to cut interest rates this week as the UK economy continues to struggle, although the bank is ...
The Bank of England meets several times a year to set the base rate, a mechanism that influences interest rates on everything from mortgages to savings accounts. On 6 February, the Bank’s ...
The Bank of England has taken the decision to reduce interest rates. At its meeting ending on 6 February 2025, the monetary policy committee (MPC) voted by a majority of seven to two to reduce the ...