Bank of England holds base rate at 5.25% yet again – what it means for your savings and mortgage

The Bank of England has held the base rate at 5.25% for the fourth time in a row today (Thursday 1 February). This rate is used by the central bank to charge other banks and lenders when they borrow money – and so it influences what borrowers pay and what savers earn.

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Bank of England holds base rate at 5.25% yet again – what it means for your savings and mortgage

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