Changes to Base Rate August 7th 2025
On August 7, 2025, the Bank of England (BoE) reduced its base rate by 0.25 percentage points, bringing it down to 3.8%. This decision was made in response to economic pressures stemming from new U.S. tariffs. The Bank of England projected that these tariffs would lower UK inflation by 0.2 percentage points within two years […]