17/09/2026
We might have had a bit of rain this week, but good news is that the Bank of England has today voted to keep the Base Rate at 3.75%.
The hold means the Base Rate has now remained at 3.75% for nine consecutive months, following the reduction made in December 2025.
Today’s decision follows months of renewed inflationary pressure, with CPI inflation rising to 3.1% in August from 2.9% in July and remaining above the Bank’s 2% target.
Members of the Monetary Policy Committee (MPC) voted by a majority of 6-3 in favour of freezing the base rate in line with most economists’ expectations.