Are Interest Rates Going To Go Down In 2025 Uk. The bank of england will next meet on 6th february 2025 to decide what level interest rates should be set at. Last month, inflation in the uk jumped to 2.6 per cent, continuing a trend seen over various months.
The bank increases interest rates when it wants to reduce economic activity and bring down inflation. Last month, inflation in the uk jumped to 2.6 per cent, continuing a trend seen over various months.