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