Cheltenham & Gloucester (C&G) has reduced its standard variable mortgage rate by 20 basis points to 6.55% as a result of the Bank of England's (BoE) decision to lower its base rate by 0.25 percentage points.
C&G said the rate reduction would take effect from October 31 for existing customers, but new customers would be able to use the lower rate from September 24.
C&G said it also intended to reduce its savings rates by 0.2 of a percentage point, but its fixed rates would fully reflect the BoE's cut and fall by 0.25 percentage points.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
