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2026April › 30

Bank

66 days ago

The Bank tries to manage expectations over what outcomes are plausible if the Middle East conflict lasts several months.
Bank of England policymakers must contend with the "most difficult combination" of economic effects, according to governor Andrew Bailey
The move frees up Emmanuel Moulin to run for central bank governor.
The Bank's latest meeting reveals some interesting details on how our finances might be affected due to the Iran war.
Monetary Policy Committee says borrowing costs may need to rise if energy shock continues to hit global economy
The Bank of England voted to keep its key interest rate on hold at 3.75% on Thursday

Bank governor says latest MPC decision is reasonable given unpredictability of events unfolding in the Middle East

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The Bank of England has left interest rates unchanged a…

The Bank of England has once again opted to hold interest rates at 3.75% today, but the base rate is now expected to rise later in the year.
The Bank of England held interest rates at 3.75 per cent today despite the inflation shock caused by the Iran war.
Borrowers could be battered with six interest hikes over the coming year if the Iran war causes a sustained rise in oil prices, the Bank of England has warned.

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