Prime Interest Rate Today 2024 Uk. The u.k.'s opposition labour party won a huge parliamentary majority in the country's general election, unseating the incumbent conservatives after 14 years. Rightmove also found that houses numbered.

The bank of england made the first cut to interest rates in four years in august 2024, giving hope to mortgage holders that the borrowing squeeze is coming to an end. The bank of england cut the base rate to 5% at its august meeting.