The Bankof England meets several times a year to set the base rate, a mechanism that influences interest rates on everything from mortgages to savings accounts. It came after several months of ...
Your support makes all the difference. Bankof England governor Andrew Bailey has said interest rate cuts could soon become “more aggressive”, sparking a drop in the value of the pound.
A sharp fall in the headline inflation rate to 1.7 percent means the Bank of England 'must act now' to cut the base rate at least once and possibly twice before Christmas, financial experts are ...