In this all-encompassing blog, we will delve into the definition of the base rate, its calculation process, and its profound influence on our everyday choices. Let’s embark on this enlightening ...

To calculate the total tax liability, you must multiply the tax base by the tax rate: Tax Liability = Tax Base x Tax Rate The rate of tax imposed varies depending on the type of tax and the tax ...

The Bank of England has today maintained the base rate at 4.5%. The Bank's nine-person Monetary Policy Committee (MPC) voted by a majority of 8-1 in favour of keeping the rate unchanged. One member ...

The Bank of England held base rate at 5 per cent today, as it opted not to cut despite the US Federal Reserve's half percentage point chop yesterday. Last month, the Bank of England made a move ...

As announced by Bank Negara Malaysia (BNM) on 11 August 2021, the Standardised Base Rate (SBR) has replaced the Base Rate (BR). The SBR will be the main reference rate for new retail floating-rate ...

The Bank of England has held the base rate at 4.75%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings. The base rate is used by the central bank to charge ...

Major lenders are hiking a selection of mortgage rates, despite the recent drop in the Bank of England base rate. Nationwide Building Society, HSBC UK, Santander, TSB and Virgin Money are among ...

Hungary's central bank will keep interest rates unchanged again next Tuesday, according to a Reuters poll that expects hardly ...

Interestingly, while the Monetary Policy Committee voted by a majority 7–2 to reduce base rate to 4.5 per cent, those two members opted for a deeper 0.5 percentage point cut to 4.25 per cent.