Bank of England holds interest rates at 4% as inflation remains ‘sticky’

Seven MPC members voted to leave interest rates untouched The Bank of England’s (BoE) Monetary Policy Committee (MPC) has voted to leave its base rate unchanged at 4%, a move widely anticipated by analysts and markets. In a meeting today, seven MPC members voted to leave interest rates at 4%, having decided to cut rates by 25bps at the last …

Inflation holds steady at 3.8%

Inflation remains stuck at 3.8 per cent in August, highlighting the “sustained nature of UK price pressure”.The latest data from the Office for National Statistics found the consumer price index rose by 3.8 per cent in the 12 months to August 2025. This marks the same level as was reported in July. Food inflation increasing to 5.1 per cent in …

UK inflation rises to 3.8% in July

Core CPI also up to 3.8% The UK Consumer Prices Index (CPI) rose to 3.8% in the 12 months up to July 2025, according to data from the Office for National Statistics (ONS), up from 3.6% in June. This figure exceeded market forecasts, as economists surveyed by Reuters had anticipated a 3.7% figure instead. Core CPI rose by 3.8% year on year …

UK inflation unexpectedly rises to 3.6% for June

Increases from 3.4% in May UK inflation rose to 3.6% in June, according to data from the Office for National Statistics, up from 3.4% in May. This figure came in above expectations from economists polled by Reuters, who had forecast the UK Consumer Prices Index (CPI) would remain unchanged from last the previous month.  Month-on-month, alcohol and tobacco saw a significant …

UK inflation falls again

After a long stretch of economic unease, UK inflation has continued its downward trajectory, with the Consumer Prices Index (CPI) falling to 2.6% in the year to March, according to the latest inflation figures from the Office for National Statistics (ONS). This marks the second consecutive monthly decline and comes in lower than market expectations — a welcome development for households and …

Inflation rises to 3% in January

The higher-than-expected rise adds to the Bank’s challenges when considering interest rates. UK consumer prices index (CPI) inflation rose to 3% in January, an above-expectation increase that adds to the Bank of England’s challenges in managing monetary policy.  According to the Office for National Statistics, rising petrol and food costs drove inflation. Private schools passing on VAT bills to parents …