News in Review Wednesday 11th February 2026
This week’s News in Review covers the retention of Bank Rate at 3.75%, average house prices topping £300,000 for the first time and strong growth in the UK services sector
Key takeaways:
- In its first meeting of the year, the Monetary Policy Committee voted to retain Bank Rate at 3.75%
- According to Halifax, the average house price has surpassed £300,000 for the first time
- S&P Global data shows that the UK services sector experienced strong growth in January

