All news on the topic: Interest Rate

The benchmark UK borrowing cost has reached a new high reminiscent of the financial crash era as Prime Minister Sir Keir Starmer faces a potential leadership challenge from Manchester Mayor Andy Burnham.

The Bank of England has cut the interest rate to its lowest level in over two years.

Increase in stamp duty has helped weaken demand, as average price drops by 0.8% in June, says Nationwide

On April 9, the world’s richest people added $304 billion to their combined wealth, marking the largest single-day increase in the history of the Bloomberg Billionaires Index.

The Bank of England has maintained the UK’s base rate at 4.5%, aligning with the expectations of many economists.