Is a UK Interest Rate Cut on the Way Soon?

Earlier this month in November 2025, after a close call vote of 5 to 4, The Bank of England left the UK base rate unchanged at 4%, despite the hopes of many people that it would be reduced.

Whilst some analysts had predicted a cut following the November vote of the Monetary Policy Committee, with a Bank of England inflation target of 2% and current consumer inflation rate significantly higher at 3.6%, it wasn’t a surprise that the rate was held at 4% in order to try and dampen the consumer desire to spend. 

However, with such a close outcome of the latest vote, could a rate cut be just around the corner…?