The chart below shows how the base rate has changed since the financial crisis in 2008. Please note that the information in this article is for information purposes only and does not constitute advice ...
Interest rates have fallen to a more than 18-month low following the Bank of England's Monetary Policy Committee (MPC) earlier today, with the base rate dropping from 4.75 per cent to 4.5 per cent.
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message ...