The Bank of England has held interest rates at 4%, as it seeks to tackle inflation, which remains well above its 2% target.
Read MoreWhen will UK interest rates fall again?
Tag: savings
Risk to mortgage borrowers if Cash ISA allowance is cut
Slashing the cash ISA limit to £10k could harm mortgage borrowers as well as savers, building societies have warned.
Read MoreInterest rates held at 4%: Will it impact savings and mortgages?
The Bank of England has held interest rates at 4% offering some relief to savers and disappointment for borrowers.
Read MoreWhen will UK interest rates fall further? Latest Bank of England predictions
The Bank of England’s next interest rate meeting will take place on 18 September. With inflation on the rise, experts are anticipating no change to the base rate.
Read MoreMortgage holders urged to turn rate cut savings to fast-track mortgage freedom
Sprive, is urging anyone on a variable rate to take advantage of any potential cut by overpaying the difference.
Read MoreWhat the interest rate cut means for you
The Bank of England has cut UK interest rates from 4.25% to 4%, the lowest level since March 2023.
Read MoreWhen will interest rates go down again?
The Bank of England has cut interest rates from 4.5% to 4.25% at its latest meeting in May – the second reduction in 2025.
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