UK interest rate cut: what does it mean for mortgages and savings?
Base rate reduction to 4% will hit some savers, but people with tracker home loans will see immediate benefit • Bank cuts interest rate for fifth time in a year• Business live – latest updates The Bank of England has cut interest rates from 4.25% to 4%. It
Read MoreBank’s base rate gift to borrowers is wrapped in an inflation warning | Phillip Inman
In their economic outlook the rate setters see a threat from rising prices of food, energy and business services Bank of England cuts base rate to 4% What the rate cut means for borrowers and savers A reduction in interest rates by the Bank of England should rank
Read MorePutin must, as Zelenskyy has done repeatedly, agree to a full and unconditional ceasefire immediately: UK statement at the UN Security Council
Statement by Ambassador Barbara Woodward, UK Permanent Representative to the UN, at the UN Security Council meeting on Ukraine. HM GovernmentSource
Read MoreAnother Bank of England rate cut this year less likely given inflation fears and split vote – as it happened
Monetary Policy Committee has cut UK interest rates today, in a deeply split decision, but City pricing suggests another cut in 2025 is no longer fully priced in UK interest rate cut: what does it mean for mortgages and savings? Analysis: Bank’s base rate gift signals wage rise
Read MoreTrump tariffs kick in; Bank of England likely to cut rates – business live
Rolling coverage of the latest economic and financial news Dozens more countries face higher taxes on exports to US as new Trump tariffs come into effect Donald Trump’s plan to impose 100% tariffs on semiconductors would be “devastating” for the Philippines, an industry leader has warned today. The
Read MoreIran must take the necessary steps to address the international community’s serious concerns over its nuclear programme: Joint statement on the decision to trigger the snapback mechanism to end sanctions relief against Iran
Joint statement delivered by Ambassador Barbara Woodward, UK Permanent Representative to the UN, on behalf of France, Germany and the United Kingdom. HM GovernmentSource
Read MoreBritish businesses cheer UK-EU deal to support food trade and profits
The SPS agreement will making trading with the UK’s biggest market faster, easier and cheaper, adding up to £5.1bn a year to the UK economy. HM GovernmentSource
Read MoreStatement on the latest Russian attacks against Ukraine
This statement is supported by the UK and 26 EU Member States (Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, N… HM GovernmentSource
Read MoreEnvironment Agency highlighting flash flooding in Forest of Dean
Environment Agency is leading efforts to raise awareness of flash flooding in the Forest of Dean area. HM GovernmentSource
Read MoreNew prison houseblocks to make streets safer
A Devon jail is set to almost double in size as the Government ploughs ahead with the largest prison building programme since the Victoria era. HM GovernmentSource
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