Interest rates remain in flux in the UK but are likely to change this year - here’s how it might affect your pocket ...

What is the Bank of England base rate? The Bank of England (BoE) base rate is the interest rate that the UK’s central bank charges high street banks and other lenders when borrowing money.

Homeowners have seen mortgage rates rise since October despite the Bank of England cutting the base rate twice, new exclusive analysis has revealed.   Meanwhile, savers have seen average rates slashed ...

Its tool for achieving this is via the adjustment of base lending rates. The BoE sets the rate at which it lends to commercial banks and banks lend to each other, determining the level of interest ...