An interest rate tells you how much it costs to borrow money, or the reward for saving it. The Bank of England's base rate is what it charges other banks and building societies to borrow money, which ...
Governor Andrew Bailey says while recent drops in oil prices are "encouraging", high energy prices from the Iran war have ...
Rolling coverage of the latest economic and financial news, including the latest UK jobs report and the Bank of England’s interest rate decision ...
Bank of England holds interest rates firm after UK inflation boost - The base rate has remained at 3.75 per cent since just ...
The Bank last cut interest rates in December but upheaval in the Middle East has stalled any further reductions.