Bank of England holds main UK interest rate at 4 per cent with inflation above target

Bank of England holds main UK interest rate at 4 per cent with inflation above target https://www.taxtmi.com/news?id=56092 The Bank of England's Monetary Policy Committee maintained the Bank Rate at four percent with a majority supporting no change and two members preferring a small reduction; the split reflected concern that inflation remains above the two percent target and that future rate cuts must be made gradually and carefully, with timing contingent on incoming data including persistent wage-driven inflation. en-us Thu, 18 Sep 2025 17:46:03 +0530 Thu, 18 Sep 2025 17:46:03 +0530 TaxTMI RSS Generator Bank of England holds main UK interest rate at 4 per cent with inflation above target https://www.taxtmi.com/news?id=56092 The Bank of England's Monetary Policy Committee maintained the Bank Rate at four percent with a majority supporting no change and two members preferring a small reduction; the split reflected concern that inflation remains above the two percent target and that future rate cuts must be made gradually and carefully, with timing contingent on incoming data including persistent wage-driven inflation. News - Thu, 18 Sep 2025 17:46:03 +0530 https://www.taxtmi.com/news?id=56092