Bank Of England Official

: 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 Bank of England (BoE) is currently managing a complex economic environment shaped by recent geopolitical conflicts and evolving financial risks. As of late , the Bank maintains a cautious stance on monetary policy while reinforcing regulatory frameworks to ensure long-term financial stability. Monetary Policy and Interest Rates bank of england

: 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. : Wage growth has moderated but remains a

: The base interest rate is 3.75% , held steady since December 2025. Monetary Policy and Interest Rates : Economic growth

: 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

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