The Bank of England raised its Bank Rate to 4%
The Bank of England raised its Bank Rate by 25 bps on 2026-11-05, from 3.75% to 4%.
United Kingdom policy rate, %, 5 Nov 2026
4.00%
Recent readings
| Date | Reading | Change since |
| Now (Nov 5) | 4.00% | — |
| 1 day ago | 3.75% | ▲ +0.25 pts |
| 1 week ago | 3.75% | ▲ +0.25 pts |
| 1 month ago | 3.75% | ▲ +0.25 pts |
| 3 months ago | 3.75% | ▲ +0.25 pts |
Why this matters
Central bank rate moves ripple into everything from mortgage costs to government borrowing costs. When a government's own borrowing gets more expensive, that cost is eventually carried by taxpayers.
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