: The base interest rate is 3.75% , held steady since December 2025.
: 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
: UK Consumer Prices Index (CPI) inflation rose to 3.3% in March 2026 , up from 3.0% in February, driven primarily by fuel prices.
: 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.
: The base interest rate is 3.75% , held steady since December 2025.
: 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 bank of england
: UK Consumer Prices Index (CPI) inflation rose to 3.3% in March 2026 , up from 3.0% in February, driven primarily by fuel prices. : The base interest rate is 3
: 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. up from 3.0% in February