The facts

  1. The Bank raised Bank Rate by 0.25 percentage points to 4% on 5 November; its official rate page records the new rate. [1][2]

  2. AP reported the Monetary Policy Committee voted 8–1, with one member preferring 4.25%. [1]

  3. The Bank forecast inflation could reach about 5% in mid-2027, compared with 3.5% in September; this is a forecast, not an observed outcome. [1]

Still unconfirmed

  • The future path of rates and whether inflation reaches the Bank’s forecast remain uncertain.

Sources

References support the numbered facts above. Source checks: 6 Nov 2026, 03:17 UTC.

  1. The Bank of England hikes interest rate to 4% with inflation fanned by war in Iran

    The Associated Press · Reporting · 5 Nov 2026

    Opened the full AP report.

  2. Bank Rate history and current rate

    Bank of England · Primary source · 5 Nov 2026

    Opened the Bank’s official rate record confirming Bank Rate at 4%.

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