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 …

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 …

Bank of England meets expectations and cuts rates to 4%

Lowest level in two and a half years Interest rates have been cut to 4% by the Bank of England (BoE) Monetary Policy Committee in a move that was forecasted. So far, the BoE has opted to cut rates twice this year (February and March) while holding at the last one in June. Now the 4% rate cut means that interest …

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 …

Bank of England holds interest rates at 4.25%

Three members voted to reduce Bank Rate by 0.25%, to 4%. The Bank of England’s Monetary Policy Committee has voted 6-3 to maintain Bank Rate at 4.25%. Three members preferred to reduce Bank Rate by 0.25%, to 4%, more than predicted by industry experts who had largely expected a 7-2 split. The decision was widely expected following yesterday’s inflation figures which …

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 …