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Bank of England cuts interest rates
Bank of England cuts interest rates to 4.75%, in second reduction this year
Chancellor Rachel Reeves welcomes the cut, but says she is "under no illusion about the scale of the challenge facing households".
Interest rates live updates: Bank of England base rate cut to help slash mortgage bills
The Bank of England has cut interest rates for the second time this year, in good news for mortgage-holders and other borrowers.Policymakers at the Bank of England opted to reduce interest rates to 4.
Bank of England cuts interest rates to 4.75% – but mortgages still set to rise
Interest rates have been cut for the second time this year, by a quarter of a percentage poi, but mortgage rates are still set to rise in a blow to homeowners. The Bank of England reduced the base rate from 5 per cent to 4.75 per cent on Thursday, following a 0.25 percentage-point cut in August, which was the first drop in four years.
Bank of England cuts interest rates to 4.75% – what it means for your money
Interest rates have been cut by 0.25 percentage points but economists think it could be the last reduction for a while
Live: Bank of England cuts interest rates to 4.75%
The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and analysis from the team at MoneyWeek.
Bank of England expected to cut interest rates
Interest rates are widely expected to be cut by the Bank of England on Thursday, in a move closely watched by businesses and consumers.Most analysts predict that the benchmark rate will fall from its current level of 5% to 4.
Interest rates: Bank of England UK base rate cut explained - what BOE decision means for you and mortgages
The Bank’s Monetary Policy Committee (MPC) announced on Thursday (7 November) that the rate would drop from 5% to 4.75%. Governor Andrew Bailey said that since UK inflation is now below the 2% target, the Bank was able to reduce rates to their lowest level since June last year.
Nationwide, Halifax and Lloyds Bank reduces mortgage rates after Bank of England interest cut – see the full list
MORTGAGE lenders have raced to slash their rates after the Bank of England cut interest rates to 4.75% this afternoon. This move will immediately benefit thousands of mortgage customers with
Interest rates: Bank of England slashes base rate to 4.75% in good news for mortgages
The Bank of England has decided to reduce the Base Rate for the second time this year, with a majority vote of 8-1. With inflation resting below the Bank’s Government-set target at 1.7% in the 12 months to September, the Monetary Policy Committee (MPC) has voted to cut the rate to 4.75%, down from 5%.
Seven household bills set to change in wake of Bank of England base rate cut
During today's meeting of the Monetary Policy Committee (MPC), the BoE's rate-setters reduced the base rate from 5% to 4.75%.
Bank of England cuts interest rates to 4.75%
The Bank of England has cut interest rates to 4.75 per cent after inflation fell to a three-year low in September. The eight-to-one decision to cut the base rate by 0.25 percentage points was in line with the expectations of economists polled by Reuters.
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Interest rates cut by Bank of England to 4.75% - what it means for your mortgage and savings
Interest
rates
have been cut by the
Bank
of England
for the second time this year. The
base
rate
has been reduced ...
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Major British banks cut mortgage rates after base rate falls - but experts warn on future fixed deals
Borrowers on tracker and standard variable rate mortgages should see their monthly payments reduce after the Bank of ...
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