Savings Interest Rate Predictions 2025 Uk

Savings Interest Rate Predictions 2025 Uk. Last month, inflation in the uk jumped to 2.6 per cent, continuing a trend seen over various months. At the december 2024 meeting of the bank’s monetary policy committee, the body that sets rates, policymakers voted six to three to hold rates at 4.75%.

Markets are still pricing in around two rate cuts, with the base rate expected to settle at 4% towards the end of 2025. But with stagflation in prospect, what next?