Bank of England
The latest news, updates and opinions on Bank of England from the expert team here at MoneyWeek
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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
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How will markets react to the next Bank of England rate decision?
The Bank of England is due to announce its latest interest rate decision on Thursday, 2nd November, but how will markets react?
By MoneyWeek Published
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Paragon launches best buy 5.25% easy access account
As the savings market heats up, rates on easy access accounts continue to rise with Paragon Bank now offering the table topping rate for easy access paying 5.25%. But there are some restrictions and you’ll need to be quick to get it.
By Vaishali Varu Published
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Halifax: House price slump continues as prices slide for the sixth consecutive month
UK house prices fell again in September as buyers returned, but the slowdown was not as fast as anticipated, latest Halifax data shows. Where are house prices falling the most?
By Kalpana Fitzpatrick Published