Bank of England keeps interest rates at 3.75% as inflation concerns persist
Bank suggests cost-of-living measures in Rachel Reeves’s budget likely to pave way for rate cuts in months aheadBusiness live – latest updatesUK inflation rises for first time in five months to 3.4% in DecemberBank of England policymakers have left interest rates on hold at 3.75%, amid concerns...
<p>Bank suggests cost-of-living measures in Rachel Reeves’s budget likely to pave way for rate cuts in months ahead</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/feb/05/bank-of-england-interest-rates-european-central-bank-inflation-stock-markets-business-live-news-updates"><strong>Business live – latest updates</strong></a></p></li><li><p><a href="https://www.theguardian.com/business/2026/jan/21/uk-inflation-rose-december-interest-rate-hold-likely"><strong>UK inflation rises for first time in five months to 3.4% in December</strong></a></p></li></ul><p>Bank of England policymakers have left interest rates on hold at 3.75%, amid concerns about persistent inflation.</p><p>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.</p> <a href="https://www.theguardian.com/business/2026/feb/05/bank-of-england-interest-rates-held-inflation-concerns">Continue reading...</a>
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