Bank of England
The latest news, updates and opinions on Bank of England from the expert team here at MoneyWeek
Latest
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What to do with old £20 notes – how to exchange old notes for new ones
Advice Old paper £20 and £50 notes are no longer legal tender. We explain what to do with your old banknotes and where to exchange them.
By Kalpana Fitzpatrick Last updated
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Bank of England holds interest rates at 16-year high
News Interest rates have been frozen at 5.25% for the sixth consecutive monetary policy meeting. Here is what it means for your money.
By Marc Shoffman Last updated
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Buying vs renting: as mortgage rates remain at 5%, which is cheaper?
Advice In the UK, buying a home has traditionally been the preferred option over renting. But is that still true?
By Marc Shoffman Last updated
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Interest rates remain frozen - when will the Bank of England cut the cost of borrowing?
News The Bank of England has held interest rates for the fifth consecutive monetary policy meeting. Here is what it means for your money.
By Marc Shoffman Published
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Bank of England holds interest rates at 5.25% for fourth consecutive meeting – are cuts coming?
News The interest rate freeze has continued. We explain what it means for borrowers and savers.
By Marc Shoffman Published
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Interest rates held at 5.25% again – is a cut coming?
News The Bank of England’s Monetary Policy Committee has held interest rates at 5.25% for the third consecutive meeting – what does it mean for your money?
By Marc Shoffman Published
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Act now as savings rates beat inflation for the first time since 2021
The drop in inflation to 4.6% means your savings can now grow at a faster rate than that of goods and services. But will these inflation-busting rates stick around?
By Vaishali Varu Published
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NS&I cuts interest rate on Green Savings Bonds - where can you get a better deal?
News The state-backed bank has slashed the interest rate on its Green Savings Bonds from 5.7% to 3.95%
By Marc Shoffman Published
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The Bank of England can’t afford to hike interest rates again
With inflation falling, the cost of borrowing rising and the economy heading into an election year, the Bank of England can’t afford to increase interest rates again.
By Rupert Hargreaves Published