Bank of England maintains interest rate at 3.75 per cent with inflation still above target

Bank of England maintains interest rate at 3.75 per cent with inflation still above target https://www.taxtmi.com/news?id=70180 The Bank of England maintained its policy rate at 3.75 per cent with the Monetary Policy Committee narrowly split (five to hold, four to cut). Accompanying forecasts project inflation falling toward the 2 per cent target from 3.4 per cent, and the Bank signalled scope for further reductions in the Bank Rate later in the year provided inflation declines as projected. en-us Thu, 05 Feb 2026 18:16:04 +0530 Thu, 05 Feb 2026 18:16:04 +0530 TaxTMI RSS Generator Bank of England maintains interest rate at 3.75 per cent with inflation still above target https://www.taxtmi.com/news?id=70180 The Bank of England maintained its policy rate at 3.75 per cent with the Monetary Policy Committee narrowly split (five to hold, four to cut). Accompanying forecasts project inflation falling toward the 2 per cent target from 3.4 per cent, and the Bank signalled scope for further reductions in the Bank Rate later in the year provided inflation declines as projected. News - Thu, 05 Feb 2026 18:16:04 +0530 https://www.taxtmi.com/news?id=70180