Rolling coverage of the latest economic and financial news, including the latest UK jobs report and the Bank of England’s interest rate decision at noon

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

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The base rate has been at 3.75 per cent since December 2025

The base rate has remained at 3.75 per cent since just before Christmas last year