Bank of England raised its rate to 4.00%
At the meeting that ended on November 4, the Bank of England raised Bank Rate from 3.75 to 4.00% (8 votes to 1); the next decision is on December 17, 2026.
What this changes in the calculation
The alternative return and the mortgage rate in the UK are higher; savings rates do not change.
- Source
- bankofengland.co.uk
- Status
- verified
- Published