Bank of England meets expectations and cuts rates to 4%

Lowest level in two and a half years

Isabel Baxter
clock • 4 min read
Bank of England meets expectations and cuts rates to 4%

Interest rates have been cut to 4% by the Bank of England (BoE) Monetary Policy Committee (MPC) in a move that was forecasted.

So far, the BoE has opted to cut rates twice this year (February and March) while holding at the last one in June. Now the 4% rate cut means that interest rates have fallen to the lowest level i...

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

TISA publishes pension transfer manifesto

TISA publishes pension transfer manifesto

Manifesto outlines nine recommendations to reform the pension transfer system

Martin Richmond
clock 18 June 2026 • 3 min read
Bank of England holds rates at 3.75% for fourth consecutive time

Bank of England holds rates at 3.75% for fourth consecutive time

Energy shock impact still unclear

Michael Nelson
clock 18 June 2026 • 4 min read
DC pension assets expected to hit £1trn and overtake DB within five years

DC pension assets expected to hit £1trn and overtake DB within five years

DWP figures suggest DC assets could surpass £1trn in 2031 and reach £1.24trn by 2035

Holly Roach
clock 17 June 2026 • 2 min read
Trustpilot