Bank Of England -

: The next rate decision is scheduled for Thursday, 30 April 2026 .

: Analysts largely expect another "hold" at 3.75% as the Bank assesses the impact of the ongoing Iran war on fuel and utility costs. Economic Outlook and Inflation bank of england

: Wage growth has moderated but remains a watchpoint; private sector settlements are expected to average 3.4% in 2026 . Financial Stability and Risk Management Interest rates and Bank Rate: our latest decision : The next rate decision is scheduled for

: The base interest rate is 3.75% , held steady since December 2025. Financial Stability and Risk Management Interest rates and

: In the March 2026 meeting, the Monetary Policy Committee (MPC) voted unanimously to maintain the rate at 3.75%, citing new inflationary risks from Middle East energy price surges.

: Economic growth remains subdued, with forecasts for 2026 revised down to roughly 0.5%–0.7% . Many economists view "stagflation"—low growth combined with high inflation—as a high risk for the UK.