Owning A Home > Interest Rate Forecasts > Newsflash: BOE announce UK interest rates to remain at 0.5%

Newsflash: BOE announce UK interest rates to remain at 0.5%

By Damien Fahy
1 min read Published: 08 Apr 2010

 The Bank of England has announced that UK interest rates will remain unchanged at 0.5%  for the 13th month in a row. Good news for mortgage borrowers, bad news for savers.

Looking for a financial adviser near you?

Do you need financial advice? An independent financial adviser can show you how to make the most
of your money. Find your nearest qualified and regulated adviser using this VouchedFor search tool.

Related articles

Mortgages

Should I remortgage to benefit from negative interest rates?

By Laura Mossman
3 min Read 12 Oct 2020
With the Bank of England primed to cut interest rates from 0.1% to zero or negative rates, mortgage holders may...

Video, Podcast

Interest rates explained - Millennial money

By Lauren Burrows
3 min Read 31 May 2019
In this week's millennial money episode, I ask financial expert Damien Fahy about interest rates and what they mean. In...

Interest Rate Forecasts

When will interest rates rise (or in fact be cut)? - Latest predictions

By Damien Fahy
19 min Read 15 Apr 2021
This article is continually updated to bring you the latest analysis on when interest rates are likely to rise or...

How this site works...

The material on the Money to the Masses website, 80-20 Investor, Damien’s Money MOT, associated pages, channels, accounts and any other correspondence are for general information only and do not constitute investment, tax, legal or other form of advice.

You should not rely on this information to make (or refrain from making) any decisions. Always obtain independent, professional advice for your own particular situation. Leadenhall Learning (owner of Money to the Masses, 80-20 Investor and Damien’s Money MOT) and its staff do not accept liability for any loss suffered by readers as a result of any such decisions or their use of any information on this site. See full Terms & Conditions, Privacy Policy and Disclaimer.

Money to the Masses is a journalistic website and aims to provide the best personal finance guides, information, tips and tools, but we do not guarantee the accuracy of these services so be aware that you use the information at your own risk and we can't accept liability if things go wrong.

We aim to give you accurate information at the date of publication, unfortunately price and terms and conditions of products and offers can change, so double check first. Leadenhall Learning, Money to the Masses, 80-20 Investor, Damien's Money MOT nor its content providers are responsible for any damages or losses arising from any use of this information. Always do your own research on to ensure any products or services and right for your specific circumstances as our information we focuses on rates not service.

Past performance is no guarantee of future results. Funds invest in shares, bonds, and other financial instruments and are by their nature speculative and can be volatile. You should never invest more than you can safely afford to lose. The value of your investment can go down as well as up so you may get back less than you originally invested.

We do not investigate the solvency of companies mentioned on our website. We are not responsible for the content on websites that we link to.

80-20 Investor tables and graphs are derived from data supplied by Trustnet. All rights Reserved.
As seen on:
© 2021 Leadenhall Learning