Tag: inflation
- Nov 28, 2025
- Theodore Kingsley
- 0 Comments
Bank of England Holds Rate at 4% as UK Mortgage Costs Stay High, Posing Challenge for Chancellor Reeves
The Bank of England held rates at 4% as UK inflation eased to 3.6%, but mortgage costs remain high, with SVRs near 8%. Chancellor Rachel Reeves now faces pressure to ease household burdens without reigniting inflation.