Monetary Policy Report November 2026
The MPC voted 8–1 to increase Bank Rate by 0.25 percentage points to 4%; one member voted for an increase of 0.5 percentage points to 4.25%.
Central bank · GB · 7 documents · Website
The MPC voted 8–1 to increase Bank Rate by 0.25 percentage points to 4%; one member voted for an increase of 0.5 percentage points to 4.25%.
The MPC voted 6–3 to maintain Bank Rate at 3.75%; three members voted to increase it to 4%.
Oil prices fluctuated around the $100 per barrel level for several months after the Middle East conflict began, against an average of around $68 per barrel over the previous decade.
The MPC voted 8–1 to maintain Bank Rate at 3.75%; one member voted to increase it to 4%.
The MPC voted by a majority of 5-4 to maintain Bank Rate at 3.75%, with four members voting to reduce it by 0.25 percentage points to 3.5%.
In the 2025 Bank Capital Stress Test the aggregate CET1 capital ratio starts at 14.5% and falls to a low point of 11.0% in the first year, and no individual bank was required to strengthen its capital position.
The FPC maintained the UK countercyclical capital buffer rate at its neutral setting of 2%.