Interest rates expected to be held as Budget looms

Bank of England holds interest rates as Governor admits ‘uncertainty’

The Bank of England has narrowly voted to hold interest rates at 4 percent. It believes inflation has now peaked at 3.8 percent and will fall next year, returning to the 2 percent target rate in 2027.

Bank of England makes big decision ahead of Budget

Bank of England holds interest rates at four per cent amid Budget fears

The Bank of England has held interest rates at four per cent amid caution around high inflation levels ahead of Chancellor Rachel Reeves’ crucial Budget in three weeks.  The Bank’s Monetary Policy Committee (MPC) voted 5-4 to hold interest rates as Governor Andrew Bailey, who made the ...

Bank of England keeps interest rate rate at 4% AGAIN as UK struggles with 'problematic inflation'

The Bank of England has announced the base rate will remain at its current level of four per cent despite pressure from politicians and business to slash the cost of borrowing faster

Bank of England set for tight rates decision as inflation softens and budget looms

The Bank of England is set to announce a potentially knife-edge interest rate decision on Thursday with most investors expecting no change before this month's government budget, but some analysts say inflation heat is cooling enough for a cut.

Interest rates expected to be held as Budget looms

Most analysts believe the Bank rate will remain at 4% for now, although there could be a cut in December.