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Bank of England rate decisions
The Bank of England MPC weighs a first rise in Bank Rate as UK inflation climbs on energy prices.
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Bank of England meets on November 5 with three members already voting for a rise to 4%
UK inflation rose to 3.5% in September from 3.1%, the ONS said, after the MPC voted 6-3 in September to hold Bank Rate at 3.75%.
Bank of England raises Bank Rate to 4% by 8-1, with energy prices pushing inflation toward 5%
The Monetary Policy Committee voted 8–1 for a quarter-point rise; Catherine Mann wanted half a point. The Bank now expects UK CPI inflation of around 5% by mid-2027, up from 3.5% in September.