Economy

Interest rates live: Bank of England expected to cut rate for third time this year

Will interest rates be cut today?

The base rate – currently at 4.25 per cent following cuts in February and May – impacts consumers and taxpayers through everything from their mortgages to savings, so what do experts foresee both next week and beyond?

Karl Matchett7 August 2025 07:07

Interest rates and latest business news

Morning all and welcome to The Independent’s live business coverage.

Today’s main focus will be the Bank of England’s meeting later on and the MPC’s decision over interest rates.

Elsewhere we’ll keep you posted as always on the latest company news, stock market updates and everything else that affects your money matters.

Karl Matchett7 August 2025 06:58

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