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Bank of England Interest Rate November 2026: Why a Rise to 4% Is Expected on Thursday

The Bank of England is expected to raise interest rates on Thursday 5 November 2026, with Bank Rate tipped to rise from 3.75% to 4%. The decision, due at 12:00 GMT with Governor Andrew Bailey holding a press conference at 12:30 GMT, would be the central bank’s first increase in borrowing costs since August 2023. Markets and economists have converged…