Interest Rates

20 March 2026

Bank of England holds bank rate at 3.75%
The Bank of England Bank Rate, which, on Thursday, the Bank of England held at 3.75%, as had been widely expected

19 March 2026

The fed holds, but signals a cut later this year
The Fed Funds, which, on Wednesday, the Federal Reserve held to 3.50%-3.75%, as had been widely anticipated in the wake of the Iran war. The dot plot which accompanied the announcement showed little change since December but was largely viewed as irrelevant

06 February 2026

Bank of England holds Bank Rate at 3.75%
On Thursday, the Bank of England held Bank Rate at 3.75%, as had been widely expected.

29 December 2025

HMRC reduces late payment and repayment interest rates from 9 January 2026
HMRC’s changes to payment and repayment interest rates, following the latest reduction in the base rate recently announced by the Bank of England

22 December 2025

Japan goes in the opposite direction
On Friday, hot on the heels of an interest rate cut from the Bank of England and a hold from the European Central Bank, the Bank of Japan raised its interest rate by 0.25%

22 December 2025

HMRC Pension Scheme Newsletter 176 - December 2025
HMRC’s December 2025 edition of the pension scheme newsletter

19 December 2025

Bank of England cuts interest rates as expected
On Thursday, the Bank of England cut Bank Rate to 3.75%, as had been widely expected

11 December 2025

The fed cut for a last time?
On Wednesday, the Federal Reserve cut the Fed Funds to 3.75%-3.50%, as had been widely anticipated. More interesting was the dot plot which accompanied the announcement

07 November 2025

The Bank of England holds interest rate while the fed cuts
The Bank of England Bank (Base) Rate, which it kept to 4.0%, but it was a knife edge decision