What the decision means for homeowners – and the implications for savings, loans and credit cards

The Bank of England cut its main interest rate by a quarter of a percentage point to 4.75% on Thursday after inflation across the U.K. fell...

By Anna Wise, PA Business Reporter UK interest rates have been cut for the second time this year, as the Bank of England forecast a “gradual”...

Borrowers have longer to wait for mortgage relief as the Reserve Bank of Australia holds the cash rate at 4.35 per cent at the November meeting.

UK inflation falling below its 2% target has meant that policymakers have been able to cut rates to the lowest level since June last year.

Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.

"Renewal risk remains" as the majority of the 1.2 million mortgages up for renewal in 2025 will face higher interest rates than when their term began,...

The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in...

Borrowing costs reduced for second time this year with Fed expected to cut US rates later on Thursday

The economic outlook has been downgraded a little as the central bank leaves interest rates on hold and remains laser-focused on the inflation fight.