by adminjo | Feb 12, 2025 | Business
Base rate cut to 4.5% The Bank of England reduced their base rate to 4.5% last week, as had been widely expected in the days leading up to the decision. The decision was made by a 7-2 majority. The minority of two members were looking for the rate to be reduced to...
by adminjo | Nov 13, 2024 | News
Base rate drops to 4.75% As had been widely expected, the Bank of England reduced the interest base rate to 4.75% last week. This was due to inflationary pressures easing in recent weeks. The Bank expects inflation to increase slightly again over the next year to...
by adminjo | Jul 3, 2024 | Business
Base rate plateau a concern for small businesses In the wake of the Bank of England’s decision to maintain the base rate at 5.25%, the Federation of Small Businesses (FSB) has expressed concern about the impact on small business growth and investment. FSB...
