Interest rates: Why have they been cut and what does it mean?
The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.
City split following Bank of England’s interest rate decision
Analysts are divided about how far and how fast the Bank of England is likely to cut interest rates in the remainder of this year following yesterday’s decision. Rate-setters backed a third 25 basis ...
Mortgage relief for millions as rate cut could see payments fall by hundreds of pounds a year
Crippling mortgage costs have squeezed household budgets for millions of homeowners since 2022, but now a rate cut could see payments finally start to fall.