The Monetary Policy Committee cut rates four times last year but 2026 is far more uncertain

The Bank’s Monetary Policy Committee (MPC) is set to keep interest rates at 3.75 per cent at a decision later this week.

Economists have suggested that the Bank’s next move on interest rates is likely to be a cut rather than a hike.

The Monetary Policy Committee cut rates four times last year but 2026 is far more uncertain