Feb 6, 2025 · The median profile for Bank Rate in the August MaPS implied a cumulative 50 basis point reduction by the end of this year, unchanged from the June survey and also broadly in …

Mar 20, 2025 · Bank Rate determines the interest rate we pay to commercial banks that hold money with us. It influences the rates those banks charge people to borrow money or pay on …

Jul 21, 2025 · Economists think the Bank of England will cut interest rates to 4% on 7 August, as the economy shows signs of slowing. The unemployment rate increased to 4.7% annually …

Our quarterly Monetary Policy Report sets out the economic analysis and inflation projections that the Monetary Policy Committee uses to make its interest rate decisions.

Jul 16, 2025 · “While the weakness of the economy means the Bank will be keen to resume rate cuts in coming months, the likelihood of an August cut has plunged from near certain to barely …

3 days ago · Britain's economy will grow at a slow, steady pace this year and next, keeping the Bank of England on course to cut interest rates on August 7 and again in November despite …

in August 2024, we cut the interest rate from 5.25% to 5% in November, we cut it from 5% to 4.75% in February 2025, we cut it to 4.5% and, in May, we cut it to 4.25% If those pressures …

The Monetary Policy summary and minutes are published at 12 noon on a Thursday eight times a year.

Aug 1, 2024 · Policymakers ultimately voted 5-4 in favor of the reduction, with Governor Andrew Bailey saying that the committee would move ahead cautiously. The Bank rate had been held …

Jun 27, 2025 · The next Bank of England (BoE) interest rate decision is scheduled for Thursday, August 7, 2025, at 11:00 UTC / 12:00 PM BST. This will be the fifth of eight scheduled …