Interest Rates

12 August 2025

HMRC reduces late payment and repayment interest rates from 27 August 2025
HMRC’s changes to payment and repayment interest rates, following the latest reduction in the base rate recently announced by the Bank of England

08 August 2025

The Bank of England continues with its quarterly cuts
The Bank (Base) Rate, which, on Thursday, the Bank of England cut by 0.25%, for the third time this year, taking it down to 4.0%, but it was a very close decision

20 June 2025

The Bank of England holds the Bank Rate at 4.25%
The Bank Rate, which, on Thursday, the Bank of England kept to 4.25%, following the previous day’s do-nothing from the Federal Reserve

13 May 2025

HMRC reduces late payment and repayment interest rates from 28 May 2025
HMRC’s changes to payment and repayment interest rates, following the latest reduction in the base rate recently announced by the Bank of England

09 May 2025

Tariffs and interest rates: two views
On Wednesday, the Federal Reserve kept interest rates unchanged for its third consecutive meeting. On Thursday, the Bank of England cut the Bank (Base) Rate by 0.25% for the second time this year

31 March 2025

HMRC late payment interest rates increase from 6 April 2025
HMRC’s changes to payment interest rates

21 March 2025

The Bank of England holds the Bank Rate
The Bank (Base) Rate, which, on Thursday, the Bank of England kept at 4.50%, following the previous day’s do-nothing from the Federal Reserve