: Economic growth remains subdued, with forecasts for 2026 revised down to roughly 0.5%–0.7% . Many economists view "stagflation"—low growth combined with high inflation—as a high risk for the UK.
: UK Consumer Prices Index (CPI) inflation rose to 3.3% in March 2026 , up from 3.0% in February, driven primarily by fuel prices.
: The next rate decision is scheduled for Thursday, 30 April 2026 .