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The base rate hasn't been this low since May 2023. The chart below shows how the base rate has changed ... of a provider before committing to any financial products. Bank of England base rate: the ...
The Bank of England’s interest rate cut on Thursday will bring a sigh of relief for borrowers, businesses and hard-pressed ...
The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation.
Following cuts in February and now May, the base rate is down from a high of 5.25 per cent to a level last seen in May 2023. Andrew Bailey, governor of the Bank of England, said: “Inflationary ...
A 25-basis-point reduction in the Bank of England's base ... credit history. British firms and consumers will also get some respite from the central bank's decision, as lower interest rates ...