The monthly cost of a typical variable rate home owner loan is to remain the same for yet another month, after the Bank of England made the decision to leave the base rate of interest for loans and savings unchanged once again.
The announcement was made at lunchtime yesterday (Thursday 8th September) following the regular monthly [...]
People in the UK are now getting used to the idea of the Bank of England base rate of interest for loans and savings remaining at a particularly low level and therefore it will come as little surprise to most individual that the rate has stayed at 0.5 per cent for yet another month.
The Bank [...]
It looks as though the base rate of interest on loans and savings will remain on hold for some considerable time to come, as the Bank of England has just published the latest minutes from the most recent Monetary Policy Committee (MPC) meeting, held earlier this month.
The minutes have shown that only two members of [...]
The base rate of interest in the UK, as set by the Bank of England, has now been at the historically low level of just 0.5per cent for a total of 28 months and shows little sign of increasing in the foreseeable future.
Of course, this is great news for those people who are making repayments [...]
The Bank of England announced yesterday (Thursday 7th July), that the base rate of interest for loans and savings would remain on hold for yet another month.
The news came following the regular monthly meeting of the Bank’s Monetary Policy Committee (MPC) and means that the base rate has now remained at its historically low level [...]
The minutes from Junes meeting of the Bank of England’s Monetary Policy Committee (MPC) were published yesterday (Wednesday 22nd June) and have shown that the committee voted to keep the base rate of interest for loans and savings on hold at 0.5 per cent by seven votes to two.
This was the first MPC meeting for [...]
Once again, the Bank of England kept the base rate of interest for loans and savings at its historically low level of just 0.5 per cent this month and although this has now been the case for 27 consecutive months, there is growing speculation amongst experts and consumers, as to when the cost of a [...]
