What the UK interest rate cut means for you, from mortgage deals to savings rates
Fourth cut this year is good news for homebuyers and those due to remortgage, but returns on easy-access savings accounts could dropBusiness live – latest updatesThe Bank of England gave millions of borrowers an early Christmas present on Thursday when it cut interest rates from 4% to 3.75%. It...
<p>Fourth cut this year is good news for homebuyers and those due to remortgage, but returns on easy-access savings accounts could drop</p><ul><li><p><a href="https://www.theguardian.com/business/live/2025/dec/18/bank-of-england-interest-rates-cut-inflation-economy-stock-markets-business-live-news-updates">Business live – latest updates</a></p></li></ul><p>The Bank of England gave millions of borrowers an early Christmas present on Thursday when it <a href="https://www.theguardian.com/business/2025/dec/18/bank-of-england-cuts-interest-rates-to-375">cut interest rates from 4% to 3.75%</a>. It is the fourth cut this year following reductions in February, May and August.</p> <a href="https://www.theguardian.com/business/2025/dec/18/what-the-uk-interest-rate-cut-means-for-you-from-mortgage-deals-to-savings-rates">Continue reading...</a>
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