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Base rate rises for fourteenth consecutive time

August 3, 2023
On August 3rd 2023, the Bank of England Monetary Policy Committee announced the increase of base rate from 5% to 5.25%.

MPC maintain 5.25% base rate with majority vote

November 2, 2023
On Thursday 2nd November 2023, the Bank of England have again decided against another interest rate hike, continuing the trend of a stationary interest rate.