The Bank of England has left its base rate unchanged at 3.75%, GB News reports, while confirming a shift in how it manages government bond holdings. The decision, announced on Friday, 18 September 202
Alongside the rate decision, the central bank halted its sales of government bonds. The Telegraph reports that borrowing costs fell sharply following that move. The Financial Times described the chang
The Bank also signalled that it could raise interest rates if energy prices remain elevated, the BBC reports. That guidance points to concern that sustained high energy costs could keep inflation pres
The decision matters for households and businesses with loans and mortgages tied to the base rate, since a hold means no immediate change in repayments for those borrowers. Money Saving Expert noted t
The halt in bond sales marks a separate policy step from the rate decision itself. By stopping the sale of government bonds, the Bank changes how it is unwinding the stock of assets built up in earlie
What to watch next: whether energy prices ease, and whether the Bank follows through on its signal of a possible rate rise.
The Bank of England kept its base rate at 3.75% and stopped selling government bonds, as energy prices raise the prospec