Economy
Bank of England expected to raise Bank Rate to 4% on Thursday
A Reuters poll found 54 of 63 economists forecasting a rise from 3.75% at Thursday’s noon announcement, which would be the first increase in more than three years.
In the Daily Brief of 5 November 2026
Filed under Economy
Around nine in ten of the economists polled a month earlier had expected no change for the rest of the year. Fuel prices pushed UK inflation to 3.5% in September. The decision arrives with the Bank’s new quarterly forecasts, and comes a week after the Budget.