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What happened today: 2026-11-05

Thursday, 5 November 2026

Here are the biggest stories of the day, ranked by how widely they were reported. 24 stories from 11 outlets.

The day's biggest stories

Bank of England raises interest rates to 4%, the first increase for more than three years
BusinessThe Guardian3 outlets

Bank of England raises interest rates to 4%, the first increase for more than three years

Base rate increases from 3.75% and Bank governor signals another rise in near future to combat rising inflation Analysis: Interest rate rise in midst of cost of living crisis will leave many incredulous The Bank of England has raised interest rates for the first time in three years and warned of another increase to combat inflationary pressure unleashed by the Iran war. Eight members of the Bank’s monetary policy committee (MPC) voted for the rise, which takes the base rate from 3.75% to 4%. The ninth member, Catherine Mann, preferred a more dramatic half-point increase. Continue reading...

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