Bank of England holds rates at 5.25% in final pre-general election decision

Move comes despite return to CPI target

Cristian Angeloni
clock • 3 min read
Bank of England
Image:

Bank of England

The Bank of England’s (BoE) Monetary Policy Committee (MPC) has opted to hold rates at 5.25% for the seventh time in a row today (20 June).

Two MPC members, Dave Ramsden and Swati Dhingra, voted again for a 25 basis points cut to 5%, against a majority of seven, who opted to hold rates. The move follows positive inflation data for M...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Just Group DB sales down 28% in 2025

Just Group DB sales down 28% in 2025

Insurer said the drop was due to a ‘lack of large deals’ but expects ‘increased market opportunity’ in 2026

Holly Roach
clock 20 January 2026 • 1 min read
Buzz: Are there fundamental concerns for the DC environment?

Buzz: Are there fundamental concerns for the DC environment?

Concerns for DC and adequacy, TPR chair candidate and insurer competition

Professional Pensions
clock 19 January 2026 • 1 min read
Trafalgar House upgrades digital member communications

Trafalgar House upgrades digital member communications

Partnership with Smart Communications to help enhance member engagement

Holly Roach
clock 19 January 2026 • 1 min read
Trustpilot