FX.co ★ BoE Lifts Base Rate to 4.00% in November Move, Extending Tightening Cycle

The Bank of England raised its key interest rate to 4.00% in November 2026, continuing its policy tightening as it navigates inflation and growth concerns in the United Kingdom. The decision marks a 0.25 percentage point increase from the previous level of 3.75%.

This latest move in November pushes borrowing costs to 4.00%, reflecting the central bank’s ongoing efforts to manage price pressures in the economy. The shift from 3.75% to 4.00% underscores that monetary policy remains in a restrictive stance as policymakers assess the balance between inflation control and economic momentum.

The updated data, published on 05 November 2026, confirms that the November rate adjustment forms part of a broader strategy aimed at stabilising the UK’s economic outlook amid an uncertain global environment.