MoneySavingExpert News

Bank of England

Bank of England increases base rate to 5.25% - here's how it impacts your mortgage and savings

The Bank of England has increased the base rate from 5% to 5.25% - its highest level in over 15 years.

9 August 2023

Bank of England increases base rate to 5% - here's how it impacts your mortgage and savings

The Bank of England has increased the base rate from 4.5% to 5% - taking it to its highest level since the 2008 financial crisis.

29 June 2023

Bank of England increases base rate to 4.5% - what the rise means for your mortgage and savings

The Bank of England has increased the base rate from 4.25% to 4.5%. This rate is used by the central bank to charge other banks and lenders when they borrow money – and so it influences what borrowers pay and what savers earn.

15 May 2023

Bank of England increases base rate to 4.25% – what the rise means for your mortgage and savings

The Bank of England has increased the base rate from 4% to 4.25%. This rate is used by the central bank to charge other banks and lenders when they borrow money – and so it influences what borrowers pay and what savers earn.

28 March 2023

Martin Lewis: What you need to know NOW about mortgage rates

MoneySavingExpert.com's founder Martin Lewis explains what you need to know now about mortgage rates in the latest episode of ITV's The Martin Lewis Money Show Live.

9 February 2023

Bank of England increases base rate to 4% – what the rise means for your mortgage and savings

The Bank of England has increased the base rate from 3.5% to 4%. This rate is used by the central bank to charge other banks and lenders when they borrow money – and so it influences what borrowers pay and what savers earn.

2 February 2023

Bank of England increases base rate to 3.5% – what the rise means for your mortgage and savings

The Bank of England has increased the base rate from 3% to 3.5%. This rate is used by the central bank to charge other banks and lenders when they borrow money – and so it influences what borrowers pay and what savers earn.

20 December 2022

Bank of England increases base rate to 3% – what the rise means for your mortgage and savings

This rate is used by the central bank to charge other banks and lenders when they borrow money – and so it influences what borrowers pay and what savers earn.

3 November 2022

Today is the last day to use paper £20 and £50 notes before they become unusable - check down the back of your sofa now

There's just days left before paper £20 and £50 notes are withdrawn from circulation, so act now before shops stop accepting them. You can spend the notes until, and including, Friday 30 September but after that you'll have to bank them or swap them.

30 September 2022

Bank of England increases base rate to 2.25% – what the rise means for your mortgage and savings

The Bank of England has increased the base rate to 2.25% from 1.75%. This rate is used by the central bank to charge other banks and lenders when they borrow money – and influences what borrowers pay and savers earn.

27 September 2022