# British Pound little changed against Euro as BoE lifts rates to 4.00%

> The Bank of England raised its benchmark rate by 25 basis points to 4.00% in an 8–1 vote, marking its first increase since 2023. The pound was little changed against the euro, while Governor Andrew Bailey left open the possibility of further tightening as inflation is projected to approach 5% by mid-2027.

- Date: 2026-11-05 · published 2026-11-06T00:10:11.129Z
- Category: macro · region United Kingdom · magnitude low
- Page: https://feedsoft.ai/events/82742-british-pound-little-changed-against-euro-as-boe-lifts-rates-to-4-00
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

The rate decision and inflation outlook may affect sterling and the cost of imported goods, though the immediate currency move against the euro was small. No direct feed-market supply or demand change is reported.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2021-09-09 | [Dollar little changed, euro steady ahead of ECB decision](https://feedsoft.ai/events/45266-dollar-little-changed-euro-steady-ahead-of-ecb-decision.md) | -0.1% | -2.3% |
| EURUSD | 2025-09-11 | [ECB keeps rates unchanged as economy steadies – POLITICO](https://feedsoft.ai/events/23095-ecb-keeps-rates-unchanged-as-economy-steadies-politico.md) | +1.1% | -0.9% |
| EURUSD | 2020-04-30 | [Pound-Dollar Protected By Dovish FED, Focus For Sterling-Euro Rate Outlook On ECB And UK Lockdown \| Exchange Rates UK](https://feedsoft.ai/events/53871-pound-dollar-protected-by-dovish-fed-focus-for-sterling-euro-rate-outlook-on.md) | -0.4% | +2.0% |
| EURUSD | 2024-07-18 | [ECB leaves rates unchanged, markets look to ECB's Lagarde for clues](https://feedsoft.ai/events/29482-ecb-leaves-rates-unchanged-markets-look-to-ecb-s-lagarde-for-clues.md) | -0.7% | +0.8% |
| EURUSD | 2024-09-12 | [European Central Bank cuts interest rates again and lowers growth forecasts](https://feedsoft.ai/events/28530-european-central-bank-cuts-interest-rates-again-and-lowers-growth-forecasts.md) | +0.9% | -0.6% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/british-pound-little-changed-against-euro-as-boe-lifts-rates-to-400-202611051244

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.