UK Central Bank Keeps Borrowing Costs Steady, but Split Hints at Rises

UK Central Bank Keeps Borrowing Costs Steady, but Split Hints at Rises

The Bank of England's rate-setting committee kept the UK's main borrowing cost — the price of borrowing money — at 3.75% on 17 September 2026, by six votes to three. Three members wanted a small, 0.25-point rise to 4%. I see the continued split as a warning that higher borrowing costs are still possible.

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