MoneySavingExpert News
Base Rate
The Bank of England has held the base rate at 4.25%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings.
24 June 2025
The base rate has been cut to 4.25% from 4.5% by the Bank of England. This rate is used by the central bank to charge other banks and lenders when they borrow money, so the move can impact mortgage and savings rates.
14 May 2025
Interest rates on fixed mortgage deals have continued to be cut ahead of this week's decision by the Bank of England on whether to change the base rate. But will fixed rates move much further – and should you fix now or wait?
6 May 2025
The Bank of England has held the base rate at 4.5%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings.
25 March 2025
The base rate has been cut to 4.5% from 4.75% by the Bank of England. This rate is used by the central bank to charge other banks and lenders when they borrow money, so the move can impact mortgage and savings rates.
11 February 2025
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.
23 December 2024
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