Bank of England's Pill 'cautious' about further rate cuts

Savers 'left with bitter taste' as account interest rates cut after Bank of England decision
Nearly 40 UK banks and building societies have moved to slash their savings rates following the Bank of England's decision to lower the base rate to 4.5 per cent last week. With the consumer price index (CPI) rate of inflation easing,
Bank of England cuts interest rates to 4.5% - what it means for your money
The Bank of England base rate can affect everything from your mortgage to the rates applied to credit cards - we round up everything you need to know following the latest announcement
Interest rates live: Bank of England cuts interest rates to 4.5% but UK growth downgraded
The UK’s base interest rate is expected to fall to its lowest point in more than 18 months, providing a welcome boost for mortgage holders.Analysts believe the Bank of England will cut the interest rate from 4.
Banks slash savings rates after Bank of England rate cut
In contrast, homebuyers have had better news since the BoE rate cut, as Santander and Barclays announced they would offer mortgages below 4 per cent for the first time since November last year. The deals apply to mortgage loan-to-values of 60 per cent.
Four major lenders slash mortgage rates ahead of Bank of England decision this week
FOUR major lenders are reducing mortgage rates ahead of a key Bank of England decision this week. Barclays, Coventry Building Society and Yorkshire Building Society have all dropped rates on a
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Exclusive: Bank of England's Pill 'cautious' about further rate cuts
The Bank of England needs to move cautiously with cutting interest rates because the long process of wrestling down inflation is not yet complete, BoE Chief Economist Huw Pill told Reuters. A week after the central bank cut rates for only the third time since raising them to a 14-year high in 2023,
Bank of England rate setter calls for caution amid rising inflation
Bank of England rate setter calls for caution amid rising inflation - Megan Greene said it is unlikely inflation persistence will ‘fade on its own accord’, and said policymakers should be cautious with rate cuts.
Major building society launches best buy easy-access rate available in branch, online, post and telephone
Top of the market: Coventry's new Four Access Saver offers a top market rate of 4.85 per cent available online, via the app, ...
Warning to savers with Santander and Yorkshire Building Society accounts
Savers with accounts at Santander and Yorkshire Building Society will earn less from their cash following the Bank of England ...