The base rate remains at 5.25% again

The base rate remains at 5.25% again

The Bank of England reviewed the base rate on 14 December and chose to keep it the same for the third consecutive time. The Bank of England’s Monetary Policy Committee (MPC) has today voted to keep the base rate at 5.25%. The rate increased 14 times between December...
Interest rates are coming down

Interest rates are coming down

While interest rates are no longer at the historic lows we saw last year, they are starting to come down and the market is showing signs of stability. The Bank of England base rate has increased steadily all year in a bid to combat inflation. On 3 November, it was...