Interest Rates

Summary

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the Bank of England's decision to retain interest rates at 4.25 per cent on the cost of public sector borrowing.

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Timeline

1. 16 July 2025

   Written question

   To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the Bank of England's decision to retain interest rates at 4.25 per cent on the cost of public sector borrowing.

   Source: Commons

2. 23 July 2025

   Answer

   The Treasury does not publish forecasts of the economy or public finances; the Office for Budget Responsibility (OBR) is the UK’s official forecaster and provides independent analysis of the UK’s public finances. In March 2025 it was forecast by the OBR t...

   Source: Written answer

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• · Treasury · Answering body

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