Interest rates expected to be held by Bank of England

Live updates

1. 5d ago

   Bank of England Maintains Interest Rates at 3.75%

   The Bank of England kept its benchmark interest rate at 3.75% on 30 July 2026. This decision followed a 6 to 3 vote among officials, aligning with wide market expectations. While the rate remains unchanged for the fifth consecutive time, the vote is described as hawkish, suggesting a readiness to raise rates if economic conditions shift. Investors are now monitoring the impact of this stability on mortgages, UK markets, and the GBP/USD exchange rate.

   Why it matters

   Persistent inflation risks and geopolitical instability influence the central bank's cautious approach. The closure of the Strait of Hormuz remains a critical economic pressure point. These factors combine to create a volatile environment for UK growth and monetary policy.

   What is confirmed

   • The Bank of England held interest rates at 3.75% on 30 July 2026.
   • The decision to maintain the rate was based on a 6 to 3 vote.

   Still unconfirmed

   • The continued closure of the Strait of Hormuz could lead the UK into a recession, according to EY.

   What to watch next

   • Future Bank of England rate decision meetings
   • Official inflation data reports
   • Developments regarding the closure of the Strait of Hormuz
   Sources used for this update (4)

   1. www.ig.com — Bank of England holds rates at 3.75%: what the hawkish vote means for UK investors
   2. www.heraldscotland.com — The Bank of England has held interest rates - what does this mean?
   3. consent.yahoo.com — Britain ‘risks recession’ if Iran war drags on
   4. www.independent.co.uk — Four signs the UK is heading for ‘worst possible sort of recession’
   confidence 100%
2. 10d ago

   Bank of England maintains interest rate at 3.75%

   The Bank of England held its benchmark interest rate at 3.75% on July 30. This is the fifth consecutive time the rate has remained unchanged. Some officials warned of potential hikes if conflict in the Middle East drives inflation.

   What's confirmed:

   • The Bank of England kept the benchmark interest rate at 3.75% on July 30.
   • This is the fifth consecutive time the bank has held interest rates.

   Still unconfirmed:

   • Three of the nine Monetary Policy Committee members voted to raise rates to 4% due to inflation fears regarding conflict in the Middle East.
   • An increasing number of rate-setters are calling for a hike.
   • The base rate influences interest applied by lenders to loans, mortgages, and saving accounts.
   Sources used for this update (5)

   1. Bank of England holds interest rates but says it is ready to raise them if Iran war escalates
   2. Live: Bank of England holds interest rates at 3.75%
   3. Bank of England interest rates decision confirmed - how it affects your money
   4. Bank of England warns on inflation after freezing rate
   5. Bank of England holds interest rates but warns of rises to come
   confidence 100%
3. 36d ago

   Bank of England maintains interest rates at 3.75%

   The Bank of England kept its benchmark interest rate at 3.75% on 18 June 2026. This marks the fourth straight meeting where the rate remained unchanged. The decision followed data showing steady inflation and a cooling labor market.

   What's confirmed:

   • The Bank of England kept its key interest rate at 3.75% on 18 June 2026.
   • This is the fourth consecutive meeting where the interest rate remained unchanged.

   Still unconfirmed:

   • Two members of the Bank of England pushed for a rate hike in a 7-2 vote.
   • The Bank of England announced the base rate would remain at four per cent.
   • The central bank lowered interest rates to 4.5% and reduced the 2025 growth projection to 0.75%.
   Sources used for this update (8)

   1. Bank of England holds interest rate at 3.75% as inflation steadies
   2. United Kingdom Interest Rate - Trading Economics
   3. Where next for interest rates? - Fidelity International
   4. Bank of England keeps interest rate at 4% AGAIN as it forecasts when ...
   5. Central Bank Rate Change Probabilities 2026 | Interest Rate Odds for ...
   6. Rate cuts ‘off the table’, Bank of England chief warns
   7. Bank of England Slashes Growth Forecast Amid Rising Inflation - London ...
   8. Bank of England Holds Rates at 3.75% in 7-2 Vote as Two Members Push ...
   confidence 70%
4. 46d ago

   Bank of England maintains interest rates for fourth straight meeting

   The Bank of England kept interest rates steady in June. Officials aim to return inflation to target despite price pressures from Middle East conflict.

   What's confirmed:

   • The Bank of England held interest rates for the fourth consecutive time in June.
   • Conflict in the Middle East has impacted energy prices and will increase inflation this year.

   Still unconfirmed:

   • Inflation is set to rise in the UK.
   Sources used for this update (4)

   1. What is happening with interest rates in the UK? | Bank of England
   2. BoE rate cut odds & hike probabilities by meeting
   3. Home | Bank of England
   4. What will happen to UK interest rates in 2026? - MoneyWeek
   confidence 90%
5. 48d ago

   Bank of England maintains interest rate at 3.75%

   The Monetary Policy Committee kept the key interest rate at 3.75% in a 7-2 vote. This marks the fourth consecutive meeting without a rate change. The decision follows a cooling labour market and steady inflation.

   What's confirmed:

   • The Monetary Policy Committee voted 7-2 to keep the key interest rate at 3.75%.
   • The Bank of England sets the Bank Rate to keep inflation stable.
   • This is the fourth straight meeting where rates remained unchanged.

   Still unconfirmed:

   • Conflict in the Middle East has shifted UK interest rate predictions.
   Sources used for this update (4)

   1. 2026 World Cup Odds: France Favored; Mexico Rises After Winning Group A
   2. Hormuz Reopening Brings Relief for Global Economy
   3. Latest UK Interest Rate Forecasts: Will the Bank of England cut ...
   4. Interest rates and Bank Rate: our latest decision - Bank of England
   confidence 100%
6. 51d ago

   Bank of England maintains interest rates at 3.75%

   The Monetary Policy Committee voted 7-2 to keep the key interest rate at 3.75%. This is the fourth straight meeting where rates remained unchanged. The decision follows data showing steady inflation and a cooling labour market.

   What's confirmed:

   • The Bank of England kept its key interest rate at 3.75%.
   • The Monetary Policy Committee voted 7-2 to hold rates.
   • This is the fourth consecutive meeting where rates were left unchanged.

   Still unconfirmed:

   • The labour market is continuing to cool without a sharp deterioration.
   • The interest rate affects mortgage, loan and savings rates for millions.
   • The Monetary Policy Committee cut rates four times last year.
   Sources used for this update (4)

   1. Bank of England holds interest rates at 3.75% amid Iran war peace prospects
   2. What's happening to UK interest rates and what does it mean?
   3. Will interest rates go down today? Bank of England's key factors and ...
   4. Bank of England holds main interest rate at 3.75% as inflation steadies
   confidence 100%
7. 52d ago

   Bank of England maintains interest rates at 3.75%

   The Bank of England kept interest rates at 3.75% in a 7-2 vote. This marks the fourth consecutive hold since December 2025. The decision comes as the bank monitors peace prospects and an Iran deal.

   What's confirmed:

   • The Bank of England held interest rates at 3.75%.
   • The decision to hold rates was reached via a 7-2 vote.
   • This is the fourth consecutive time rates have been held since December 2025.
   • Governor Andrew Bailey described recent oil price drops as "encouraging".
   • The Bank of England last cut interest rates in December.

   Still unconfirmed:

   • High energy prices from the Iran war have left "inflationary pressure in the pipeline".
   • The Bank is signaling caution regarding the opening of Hormuz.
   Sources used for this update (11)

   1. Interest rates expected to be held by Bank of England
   2. Bank of England holds interest rates at 3.75% amid Iran war peace prospects
   3. BOE Holds Rates in 7-2 Vote as It Waits for Iran Deal to Pan Out
   4. BOE Holds Rates as Central Banks React to Iran Peace Hopes
   5. BOE Leaves Rates Unchanged, Signals Caution on Hormuz Opening
   6. Interest rates held at 3.75% as Bank warns of impact of high energy prices
   7. Bank of England interest rates held at 3.75% - what it means for your money
   8. Bank of England expected to hold rates at 3.75% as Middle East tensions cloud outlook
   9. Live: The Bank of England holds interest rates at 3.75%
   10. Interest rates expected to be held by Bank of England
   11. Bank of England expected to leave interest rates on hold; UK ...
   confidence 95%