Interest Rate 2024 Prediction Uk. There is widespread consensus that the bank of england will cut interest rates by a quarter percentage point (0.25%) in september,. Some 1.6mn who need to move to a new fixed rate in 2024 will face increased payments averaging £2,900 a year, according to the resolution foundation, a.

How much will interest rates fall? Telegraph money takes a look at the predictions for interest rates, mortgages and savings.