UK enters 'new phase of suspended animation' after Bank of England holds rates

Second consecutive hold

Elliot Gulliver-Needham
clock • 3 min read

The UK has entered a new phase of the monetary policy cycle following the second consecutive hold in interest rates from the Bank of England today (2 November), experts have said.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

ONS revises down borrowing figures following VAT data error

ONS revises down borrowing figures following VAT data error

By a total of £3bn

Cristian Angeloni
clock 08 October 2025 • 1 min read
BoE's Bailey: Private assets must be assessed 'with rigour'

BoE's Bailey: Private assets must be assessed 'with rigour'

Stablecoins useful too

Linus Uhlig
clock 06 October 2025 • 2 min read
US jobs statistics delayed as government shutdown continues

US jobs statistics delayed as government shutdown continues

Next Fed meeting in late October

Patrick Brusnahan
clock 03 October 2025 • 1 min read
Trustpilot