The Bank of England cut its key interest rate, a day after the Federal Reserve opted to keep rates on hold, highlighting the growing divergence between the U.S. central bank and its global peers ...

It is the fourth cut the central bank has made since it started reducing rates in August last year. The central bank said in a statement that “substantial progress” on reducing inflation over ...

When the base rate changes, it has an impact on your borrowing and saving, as banks and lenders will update their interest rates to reflect the Bank of England decision. Most economists had ...

Low and stable inflation remains a priority and we will stick to gradual approach to further rate cuts, says governor Andrew Bailey The Bank of England (BoE) has cut interest rates to 4.25% amid a ...

Interest rates are now at their lowest level since May 2023. Two members of the MPC, chaired by Bank Governor Andrew Bailey, voted for a bigger 0.5% cut while another two preferred keeping the ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

Australia's biggest home lender has cut its variable mortgage rates in a sign the Big Four banks are competing harder for new customers - with more official relief expected. The Commonwealth Bank ...

IDFC First Bank will reduce interest rates on fixed deposits in the next few days, with a cut in savings account rates to follow. Speaking to analysts, managing director and CEO V Vaidyanathan ...

If you can meet these requirements, Santander Bank CD rates are competitive with some of the best on the market. Key Takeaways Santander Bank CD rates are 4% for a 1-year term and 4.5% for a 6 ...

Public sector Indian Bank has slashed the interest rates on home and vehicle loans to 7.90 per cent and 8.25 per cent, respectively, the bank said on Friday (April 25, 2025). The decision by the ...

Now, the bank provides flexible tenures, interest rates and repayment facilities on these loans so that borrowers can further manage their personal loans efficiently and deal with difficult ...