Bank of England votes to hold the base rate at 3.75 per cent in September 2026
The Monetary Policy Committee (MPC) has voted to hold base rate at 3.75% for the sixth consecutive meeting. With the US Federal Reserve and European Central Bank both raising their benchmark rates, the pressure was on Governor Andrew Bailey and the MPC to follow suit, but they resisted. However, the markets are pricing in up […]
Bank of England votes to hold the base rate at 3.75 per cent in July 2026
The Monetary Policy Committee (MPC) has voted to hold base rate at 3.75% for the fifth consecutive meeting. Inflationary concerns remain and the expectation is that prices will rise further. While June’s fall in CPI inflation to 2.6% came as a welcome surprise, there are other factors to consider. Concerns for the labour market and […]
Bank of England votes to hold the base rate at 3.75 per cent in June 2026
The Monetary Policy Committee (MPC) has voted once again to hold interest rates at 3.75% at today’s meeting. While an increase in base rate was always possible, it never looked likely. Inflation sticking at 2.8% in May was a welcome surprise and took some pressure off the rate setters who have to balance the secondary […]
Bank of England votes to hold the base rate at 3.75 per cent in April 2026
The Monetary Policy Committee (MPC) has voted once again to hold interest rates at 3.75% at today’s meeting. This was widely expected given the Middle East conflict, higher energy costs and the threat of rising inflation, at the same time as a weakening economy and loosening labour market. However, unlike the previous meeting, where the […]
Bank of England votes to hold the base rate at 3.75 per cent in March 2026
The Monetary Policy Committee (MPC) has voted to hold interest rates at 3.75% at today’s meeting – a move which was widely expected given the Middle East conflict and threat of rising inflation. The Committee’s nine members voted unanimously to maintain base rate at its existing level, remaining ‘alert to the increased risk of domestic […]
Bank of England votes to hold the base rate at 3.75 per cent in February 2026
The Monetary Policy Committee (MPC) has voted to hold interest rates at 3.75% at today’s meeting – a move which was widely expected. However, the vote was much closer than many anticipated after inflation rose to 3.4% in the year to December. Following the cut in base rate at the MPC meeting in December, this […]
Bank of England votes to cut the base rate to 3.75 per cent in December 2025
The Monetary Policy Committee (MPC) has voted to cut interest rates from 4% to 3.75% at today’s meeting – a move which was widely expected. After holding rates last month, members voted by a majority of five to four in favour of a cut this time around. Those four members who did not vote for […]
Bank of England votes to hold the base rate at 4 per cent in November 2025
Whilte the Monetary Policy Committee (MPC) voted to hold interest rates at 4% at today’s meeting, the cost of borrowing continues to ease with several big lenders recently reducing their mortgage pricing. The Bank voted to hold rates for a second consecutive meeting, with members voting by a majority of five to four in favour […]
Bank of England votes to hold the base rate at 4 per cent in September 2025
The Monetary Policy Committee (MPC) has voted to hold interest rates at 4% at today’s meeting. Members voted by a majority of seven to two in favour of a hold, with two members voting for a quarter-point reduction to 3.75%. The Committee said it “remains focused on squeezing out any existing or emerging persistent inflationary […]
Boost for Borrowers as Lenders Ease Affordability Criteria
Hardly a day goes by without another lender reducing its mortgage rates for new purchases and remortgages. Falling Swap rates, which underpin the pricing of fixed-rate mortgages, mean sub-4% mortgage rates have become more readily available in the past couple of weeks, with a number of lenders offering borrowers several choices at this level. This […]