https://www.taxtmi.com/news?id=60834 Bank of England maintained the policy rate at 4 per cent after a divided vote, citing consumer price inflation at 3.8 per cent-well above the 2 per cent inflation target-as the central reason to defer cuts. Policymakers stressed uncertainty ahead of the upcoming government budget and noted that likely tax increases intended to reduce inflation could affect economic activity and price dynamics, so the Committee will await clearer fiscal signals before moving rates downward. en-us Thu, 06 Nov 2025 18:01:05 +0530 Thu, 06 Nov 2025 18:01:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=60834 Bank of England maintained the policy rate at 4 per cent after a divided vote, citing consumer price inflation at 3.8 per cent-well above the 2 per cent inflation target-as the central reason to defer cuts. Policymakers stressed uncertainty ahead of the upcoming government budget and noted that likely tax increases intended to reduce inflation could affect economic activity and price dynamics, so the Committee will await clearer fiscal signals before moving rates downward. News - Thu, 06 Nov 2025 18:01:05 +0530 https://www.taxtmi.com/news?id=60834