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Bank of England cuts interest rate to 4.5 pct
Bank of England cuts interest rate as it happened: Base rate falls to 4.5%; economic growth forecast also reduced
The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5%. In a blow to UK chancellor Rachel Reeves, the BoE said it now expected the economy to grow by 0.75 per cent this year, half its November forecast of 1.5 per cent.
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Bank of England interest rates decision due on Thursday - will base rate be cut again?
The base rate is currently at 4.75% after it was held at the previous Bank of England meeting in December 2024 - but is another cut in store for this Thursday?
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Interest rates LIVE: Bank of England decision due today for millions of households with a mortgage
The Mirror will be posting regular live updates ahead of the latest Bank of England interest rates decision, which is due at ...
Which
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Bank of England base rate and your mortgage
Please refer to the particular terms and conditions of a provider before committing to any financial products.
Bank of England base rate
: the basics For an at-a-glance look at how the
Bank of ...
IFA Magazine
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BoE base rate cut causes searches for ‘remortgage’ to soar- Here’s what the drop could mean for borrowers
Analysis of Google search data has revealed that searches for ‘remortgage’ are expected to see a significant increase ...
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