The Bank of England kept interest rates on hold at 3.75% at its first meeting of 2026 on Thursday.

The central bank's nine-member Monetary Policy Committee (MPC) voted by a narrow 5-4 margin to keep rates on hold. Four members voted to reduce the benchmark interest rate, known as "Bank Rate," by 25 basis points. Economists polled by Reuters had expected the vote to be a clearer cut 7-2 split.