UK interest rates have been cut to their lowest level since March 2023 despite the Bank of England predicting a sharp rise in ...

The Bank of England has cut interest rates to 4%, the lowest level since March 2023, in a move set to bring some relief to mortgage borrowers, but with a warning that the path ahead is “uncertain”.

Thursday’s reduction is likely to be passed on to many savers who have easy-access accounts and or other accounts without ...

The Bank of England has cut borrowing costs to 4% but cautioned over “uncertainty” about future interest rate reductions.The Bank’s Monetary Policy Committee (MPC) chose to reduce interest rates by 0.

MPC says base rate cut is a 'gradual and careful approach to the further withdrawal of monetary policy restraint [taht] ...