The Bank of England's Monetary Policy Committee has voted to maintain the base rate at a 16-year high of 5.25%. This in-depth analysis covers the impact on mortgages, savings, and the UK's economic outlook.
The Bank of England has held interest rates at 5.25% in a split decision, dashing hopes for immediate relief from the cost-of-living crisis. Governor Andrew Bailey warns that food price inflation remains 'too high' despite a slight fall, prolonging the fi
The Bank of England's Monetary Policy Committee has voted to keep interest rates unchanged at 5.25%, as inflation remains stubbornly high. Governor Andrew Bailey signals caution despite economic pressures.
The Bank of England has kept interest rates unchanged at 5.25% for the sixth consecutive meeting, as policymakers weigh persistent inflation against economic growth risks. Governor Andrew Bailey signals cautious optimism but warns of lingering price press