Bank of England Maintains Key Interest Rate at 3.75% Amid Inflation Concerns

The Bank of England (BoE) has decided to keep its key interest rate at 3.75% for the fifth time this year, according to a report from News4JAX. The decision was announced on Thursday, July 30, 2026, by Governor Andrew Bailey during the Monetary Policy Report press conference in London. Bailey was accompanied by Deputy Governors Clare Lombardelli and Dave Ramsden.

The key interest rate has been at 3.75% since February of this year, with the BoE citing a need to manage inflation and maintain economic stability. The decision is significant as it affects borrowing costs for consumers and businesses alike.