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Bank of England keeps interest rates at 3.75% as inflation concerns persist

todayFebruary 5, 2026 1

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Bank suggests cost-of-living measures in Rachel Reeves’s budget likely to pave way for rate cuts in months ahead

Bank of England policymakers have left interest rates on hold at 3.75%, amid concerns about persistent inflation.

The central bank’s nine-member monetary policy committee (MPC) has decided to leave borrowing costs unchanged after cutting rates six times since mid-2024. Its most recent quarter-point reduction, from 4%, was in December.

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Source: www.theguardian.com

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Written by: truelightfm

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