Bank of England heads for close vote on likely rate cut

Major Bank of England cut could hit those with mortgage

The Bank of England is widely expected to cut interest rates from 4% to 3.75% on Thursday - here's what it could mean for mortgages and borrowers

Bank of England heads for close vote on likely rate cut

The Bank of England looks set for a knife-edge vote on interest rates this week with Governor Andrew Bailey expected to change his view and tip the balance for a cut.

Weaker into Bank of England Cut

GBP/EUR Year-End 2025 Forecast Consensus from major banks. Free PDF Image © Pound Sterling Live Pound Sterling was unable to build a meaningful recovery, and risks are tilted lower this week, in which the Bank of England (BoE) dominates. Our stance this December was that the pound to euro exchange rate (GBP/EUR) would deliver a year-end rally, offering euro buyers some tactical buying opportunities. However, the euro has proven to be an outperfo…

Bank of England faces the end of easing cycle

The 25 bp cut on Dec 18 will bring the BOE’s rate to 3.75%, and is suggested as Britain’s ‘neutral rate’

Drastic Bank of England cut to interest rates expected

The Bank of England is widely expected to cut interest rates to 3.75% on Thursday - and some economists have said it would be 'festive news' for borrowers

Inflation the only roadblock to Bank cut

A 0.1% contraction for the UK economy in October sent the pound lower by roughly half a cent against its key rivals, beginning Monday at a two-week low against both the euro and the US dollar. Part of that was a reaction to economic fragility. The bigger factor was that it virtually guaranteed a change in policy when the Bank of England meets on Thursday, at least according to currency markets. The only thing standing in the way of another quart…