{"id":718939,"date":"2026-07-30T11:13:12","date_gmt":"2026-07-30T11:13:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/718939\/"},"modified":"2026-07-30T11:13:12","modified_gmt":"2026-07-30T11:13:12","slug":"interest-rates-live-bank-of-england-holds-rates-at-3-75","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/718939\/","title":{"rendered":"Interest rates live: Bank of England holds rates at 3.75%"},"content":{"rendered":"<p>Hello from the Bank of England&#8217;s basementpublished at 10:31 BST<\/p>\n<p>10:31 BST<\/p>\n<p class=\"ssrcss-qs9kpv-Contributor etflsgg2\">Dearbail Jordan<br \/>Reporting from the Bank of England<\/p>\n<p>      <img decoding=\"async\" alt=\"Dearbail Jordan looks ahead while the Bank of England is visible in the background. The day appears sunny and bright\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/07\/7d129df4-6926-4de3-91d5-44c9f697ce8a.jpg.webp\"  width=\"1596\" height=\"898\" class=\"ssrcss-egie1y-Image edrdn950\"\/>Image caption, <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Dearbail Jordan prepares to enter the Bank ahead of today&#8217;s announcement<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">I\u2019m at the Bank of England in London where, at midday, it will announce whether the UK interest rate has risen, fallen or stayed at 3.75%.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">At the same time, BBC News will also publish a news story about it. How does this happen simultaneously? Well, we journalists get to see the announcement an hour or two before its wider release.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">To do this, the Bank locks us all in its basement \u2013 solely because this is market sensitive information. Theoretically, a trader could make a lucrative bet on the decision if they had prior knowledge and so the Bank shuts us away to prevent leaks. That includes handing over our mobile phones and turning off the wi-fi.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">During that time, we read about how the Bank reached its decision on the interest rate and, four times a year including today, have to digest a huge report setting out the Bank&#8217;s forecasts for the UK economy and inflation.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">So, we read, we write, we trough tea and biscuits and by the time 12:00 BST rolls around, the wi-fi is switched on and the story flies through the ether from my laptop to you.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">See you on the other side.<\/p>\n","protected":false},"excerpt":{"rendered":"Hello from the Bank of England&#8217;s basementpublished at 10:31 BST 10:31 BST Dearbail JordanReporting from the Bank of&hellip;\n","protected":false},"author":2,"featured_media":718940,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[84,59,56,54,55],"class_list":["post-718939","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-gb","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/718939","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=718939"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/718939\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/718940"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=718939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=718939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=718939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}