An interest rate rise in November would be the first in more than three years, and follow six meetings where no change was made to monetary policy. UK inflation is expected to keep rising toward the ...

The Bank of England meets every six weeks (eight times a year) to set the base rate, which is the core interest rate for the UK. The base rate (also called the bank rate) is the rate of interest that ...

The Bank of England has confirmed the base rate will remain at its current level despite growing inflationary concerns and pending hikes to energy prices. Earlier today, the central bank's Monetary ...

Homebuyers are expected to show caution in the months ahead, despite the Bank of England base rate being left unchanged on Thursday. The base rate was held at 3.75%, but experts pointed to rises in ...

The consumer champion said some fixed savings accounts are now paying more than five per cent.