Bank of England meeting —

At its 6 August 2025 meeting, the Bank of England lowered its policy rate from 4.25% to 4.00%. The decision passed 5-4.

Decision

cut — 4.25% to 4.00%

Vote: 5-4

Key passages

At its meeting ending on 6 August 2025, the MPC voted by a majority of 5–4 to reduce Bank Rate by 0.25 percentage points, to 4%, rather than maintaining it at 4.25%.

Narrow 5-4 vote for cut shows division; hawkish minority wanted hold.

A gradual and careful approach to the further withdrawal of monetary policy restraint remains appropriate.

Signals caution and gradualism, not rapid easing.

Meeting documents

Background reading

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