Interest Rates

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

10 February 2025

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

07 February 2025

Bank of England shaves off another 25 basis points
On Thursday the Bank of England surprised nobody by cutting Bank Rate to 4.50%.

20 December 2024

The Fed makes a hawkish cut
US interest rates. The US Federal Reserve cut interest rates by 0.25% on Wednesday but signalled a much slower pace of reductions in 2025

20 December 2024

The Bank of England holds Bank Rate
Interest rates. On Thursday the Bank of England surprised nobody by holding the Bank Rate at 4.75%

14 November 2024

08 November 2024

The Old Lady and the Fed make the same interest rate cuts
The US interest rate. The Federal Reserve copied the Bank of England on Thursday in cutting interest rates by 0.25%