What the Bank of England’s interest rate cut means for your mortgage
Thursday, 8 May 2025 () The Bank of England has reduced rates by 0.25 percentage points to 4.25 per cent in a hotly anticipated cut that will leave homeowners with big decisions for their mortgage deals. The reduced cost for banks to borrow money will have broad implications for the mortgage market, as banks lower interest rates on loans. Major [...]
Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now in ten months. It's so important that this government has returned stability to the economy." Report...
Andrew Bailey says he is "very pleased" that the UK and the US have reached a trade deal agreement. But the governor of the Bank of England adds the deal will become much more important "if it becomes..
Trump has launched a fiery attack on Federal Reserve Chair Jerome Powell, calling for his immediate termination after slamming the Fed’s latest economic report as a “complete mess.” Trump accused..
The Bank of England has kept interest rates on hold at 4.5%, warning that US President Donald Trump's trade war has intensified global economic uncertainty. The Bank says there are indications an..
City investors have lowered expectations of multiple interest rate cuts later in the year after the Bank of England decided to reduce rates to 4.25 per cent. ... City A.M.
The Bank of England has reduced interest rates to 4.25 percent. This decision follows worries about a global economic slowdown. The slowdown is due to trade... IndiaTimes
Thursday, 8 May 2025 ()
The Bank of England has reduced rates by 0.25 percentage points to 4.25 per cent in a hotly anticipated cut that will leave homeowners with big decisions for their mortgage deals. The reduced cost for banks to borrow money will have broad implications for the mortgage market, as banks lower interest rates on loans. Major [...]
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