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Expert Opinion

Bank maintains base rate but three rate-setters now back a hike

Avison Young's James Roberts dissects this month's interest rates decision
James Roberts. (Avison Young)
James Roberts. (Avison Young)
By James Roberts
Avison Young
July 31, 2026 | 10:08 AM

The Bank of England's Monetary Policy Committee left the base rate unchanged at 3.75% this month, meeting financial market expectations and mirroring the decision on Wednesday of the US Federal Reserve.

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