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UK's bank base rate is 0.5% as decided by monetary policy committee on 3rd & 4th November 2010

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13y ago

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Can you define base rate and portion in business terms?

bank base rate is rate at which bank give loan .


Where would it be possible to find out what the Bank of England base rate is?

One can find out the base rate of the Bank of England at ICAEW. One can look up the Bank of England's base rate and can show one the official base rates.


What is the simple definition of base rate?

Base rate is the rate of interest which is considered as a basis by commercial bank for their lending rate..


What is present bank rate of interest in India?

According to the Bank of India, the current bank base rate 8.50% as of 7 October 2010.


What is the English base rate?

Same as the Bank of England base rate - the key interest rate figure for loans etc which is set monthly by the Bank of England (usually the first Thursday of each month)


What is Difference between Base Rate and prime rate?

The prime rate is the rate at which the central bank lends to the commercial banks whiles the base rate is the rate at which the commercial banks lend to the public


How to transfer cash from Canada to UK?

Just get the person in Canada to transfer it into your UK account. They just have to tell the bank in Canada they want to 'wire some cash to the UK'. All they need is your bank details - Bank, branch, sort code and account number. The Canadian bank will electronically transfer the funds (in dollars) to the UK - and your UK bank will convert it into Sterling at the rate when the transfer takes place.


What kind of mortgages does Britannia offer?

Britannia is a UK company that offers various types of housing loans or mortgages. Some of the mortgages they offer include fixed-rate mortgages, where the interest rate is held constant for a time period, as well as tracker rate mortgages which follow the Bank of England base interest rate.


What is the interest rate in Britain?

The interest rate set by the Bank of England known as the 'Bank Rate' is currently 0.5% (as of May 2014)


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A bank rate is the rate at which a central bank charges interest when it lends money to another bank.


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Where can one find annuity rate tables for the UK?

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