Live: Will Bank of England raise interest rates?

Ratesetters on the Monetary Policy Committee will confirm their latest bank rate decision today (5 November), with economists predicting a rise to 4%.

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  • The Bank of England’s Monetary Policy Committee (MPC) will confirm its latest base rate decision today at 12pm
  • Economists believe the MPC will raise the base rate by 0.25 percentage points from 3.75% to 4%
  • It comes after inflation rose to 3.5% in the year to September, up from 3.1% in August

Will interest rates rise? | MPC meeting dates | UK inflation forecast | Inside the Bank of England

What is the current UK base rate?

Good morning and welcome to our live coverage of the latest base rate decision. Stay with us as we bring you a preview ahead of the announcement at 12pm and reaction and analysis after the decision is confirmed.