Bank of England Maintains its Bank Rate at 3.75% Following MPC Decision

Tekedia | 01-05-2026 01:56pm |

The Bank of England has decided to keep its Bank Rate unchanged at 3.75%, as announced by the Monetary Policy Committee during its meeting on April 30, 2026. The decision was reached with a majority vote of 8-1, where one committee member advocated for an increase to 4%. This marks a continuation of the current rate, which has been held steady in prior meetings, reflecting the committee's assessment of economic conditions.

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