Central bank · GBP

Bank of England (MPC) meeting dates 2026–2027 and the current Bank Rate

Short answer: the Bank of England's Bank Rate is 4.00% (last change: +0.25, Nov 2026). The next decision is on 17 December 2026, at 12:00 UK time.

BoE meeting dates 2026–2027

Decision days as the Bank of England publishes them. Dates up to 5 November 2026 are marked as held.

Decision dayUK timeNew York timeStatus
Thu, 5 Feb 202612:0007:00Held
Thu, 19 Mar 202612:0008:00Held
Thu, 30 Apr 202612:0007:00Held
Thu, 18 Jun 202612:0007:00Held
Thu, 30 Jul 202612:0007:00Held
Thu, 17 Sept 202612:0007:00Held
Thu, 5 Nov 202612:0007:00Held
Thu, 17 Dec 202612:0007:00Next
Thu, 4 Feb 202712:0007:00Scheduled
Thu, 18 Mar 202712:0008:00Scheduled
Thu, 29 Apr 202712:0007:00Scheduled
Thu, 17 Jun 202712:0007:00Scheduled
Thu, 29 Jul 202712:0007:00Scheduled
Thu, 16 Sept 202712:0007:00Scheduled
Thu, 4 Nov 202712:0008:00Scheduled
Thu, 16 Dec 202712:0007:00Scheduled

Times follow each zone's daylight saving rules, so the UK time can shift by an hour in the weeks when the UK and the other country change clocks on different dates. Confirm on the official calendar before relying on a date.

Current BoE interest rate

  • Bank Rate: 4.00%
  • Last change: +0.25, Nov 2026
  • Who decides: The Monetary Policy Committee (MPC), which has nine members.
  • Target: 2% inflation over the medium term, a target set by the Government. Source
  • How it explains decisions: A Monetary Policy Summary and minutes with each decision, and the quarterly Monetary Policy Report.

Currency pairs the BoE moves

A rate decision moves GBP pairs through the gap between the two policy rates. This is the gap today for the 3 major pairs that include GBP; the full table covers all 10.

PairBase rateQuote rateGap (base − quote)
GBP/USDGBP 4.00%USD 3.75–4.00%0.00 to +0.25 pp
GBP/JPYGBP 4.00%JPY 1.25%+2.75 pp
EUR/GBPEUR 2.50%GBP 4.00%−1.50 pp

The gap is arithmetic on official policy rates, not a broker's swap rate and not a forecast. Markets react to the decision against what was expected, and often more to the guidance about future meetings than to the decision itself.

See the BoE in MacroMatrixFX

MacroMatrixFX shows the BoE's decisions on its built-in economic calendar and reads the rates and policy family alongside inflation, growth, positioning and risk for each of its 10 pairs, with a confidence reading on every score. Its alerts for a currency's pairs pause around that currency's high-impact events. EUR/USD, GBP/USD and USD/JPY are free.

Explore MacroMatrixFX · What is a fundamental bias? · Release dates in UK time

Other central banks

Sources are cited so you can verify them. They are independent of Macro Research Technologies and have not reviewed or approved this content. Educational content only, not financial advice. Rates and dates can change at short notice. Contact us with corrections.