Bank of England holds Bank Rate at 3.75% after 3.1 CPI
The Bank of England said the MPC voted 6-3 to hold Bank Rate at 3.75% at the meeting ending 16 September 2026, while three members wanted a 0.25 point rise to 4%. UK CPI was 3.1% in August. CNBC’s feed said the Bank kept rates steady on Thursday after that print.
Economics & Markets··Morning
Six to three for a hold
The Bank of England minutes for the meeting ending 16 September 2026 say the MPC voted 6-3 to hold Bank Rate at 3.75%. Three members wanted a 0.25 point increase to 4%. That split is the official vote, not a leak. The hold is the decision; the dissent is recorded beside it. Readers do not need a second outlet to know the 6-3 arithmetic.[1], [2]
Inflation at 3.1%
The same summary said UK CPI rose to 3.1% in August. It said Middle East conflict has lifted energy prices and that inflation is likely to rise further. The committee also voted unanimously to reduce its gilt stock to zero by the end of 2034 at an annual average pace of 46 billion pounds, including 20 billion pounds of annual sales. Those gilt figures sit in the Bank’s own note.[1], [2]
CNBC’s feed matches the hold
CNBC’s Top News and Economy feeds said the Bank of England kept rates steady on Thursday even after UK inflation rose to 3.1% and energy costs put pressure on prices. The live page returned HTTP 403, so that card is headline and lede. However the Bank’s minutes independently report the hold at 3.75% and the 3.1% August CPI print. The second publisher confirms the decision, not a different vote.[1], [2]