Bank of England Cuts Interest Rates Again – Base Rate Now at 4%

Hand holding a percent sign, symbolising falling interest rates

The Bank of England has made another move to stimulate the UK economy by cutting the Base Rate for the second time this year, bringing it down to 4%. The decision, announced today, follows a 0.25% reduction agreed by the Monetary Policy Committee (MPC) despite inflation remaining above the Bank’s 2% target. Update, October 2026: […]