February 6, 2025
Interest Rates drop to 4.5%
The Bank of England voted to reduce the base rate From 4.75% to 4.5% today, great news, or is it? Perhaps not!
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November 7, 2024
Interest rate drops to 4.75%
The Bank of England Monetary Policy Committee voted to reduce interest rates again today, but that may be the last this year.
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October 3, 2024
Bank of England Governor now suggests quicker interest rate drop
Andrew Bailey, the Bank of England Governor, has changed his tact slightly. Last week, he suggested a gradual fall in interest rates; now, he suggests it accelerates their movement!
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September 24, 2024
Bank of England Governor expects interest to fall
Andrew Bailey, the Governor of the Bank of England, has suggested he expects interest rates to fall but is not so open to suggesting when. However, let's take it as good news.
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August 1, 2024
Interest Rates Fall to 5%
In a surprising move the Bank of England has reduced interest rates by 0.25% in a pretty close vote.
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June 20, 2024
Interest held again at 5.25%
And interest rates are held yet again at 5.25%, not what I was expecting at all!
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