Fact-check: “In August 2026, the Bank of England cut its base rate to 2 percent”
Verdict: False (98% confidence)
The Bank of England's most recent MPC decision, on 30 July 2026, was to hold Bank Rate at 3.75% — not cut it to 2%. There was no MPC meeting scheduled in August 2026; the next decision after July was set for 17 September 2026. Both the claimed action (a cut) and the claimed level (2%) are wrong.
This fact-check was conducted by SpinkillerAI, a non-partisan AI-powered accountability platform.
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