London Bank of England

Bank of England holds rates

Bank of England keeps interest rate on hold at 3.75% as it weighs impact of Iran war on UK economy

The Bank of England has kept its main interest rate on hold at 3.75% as policymakers assess the economic impact of the Iran war and Tehran’s effective closure of the Strait of Hormuz, through which a fifth of the world’s crude passes.

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Bank of England holds rates, warns of inflation threat from Iran war

LondonLovesBusiness · 2d

Bank of England hold’s interest rates

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BOE’s Sole Dissenter Says Rates Need to Rise More Promptly

The Bank of England should be raising interest rates with greater urgency after entering the Iran war with slowing progress in its battle to bring down inflation, according to its chief economist.

Insider · 2d

Bank signals interest rates could rise as Iran war to push up cost of living

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Bank of England's 'wise move' to hold rates as war uncertainty clouds outlook

-Bank of England policymakers set out views on rates outlook in minutes of April meeting

The Bank of England left interest rates on hold for the third meeting in a row and policymakers were divided on where borrowing costs are likely to head as it gauges the extent of the inflationary shock from the Iran war.

Hoodline

Oil Shock Spooks London, Bank Of England Slams Brakes On Spring Rate Cuts

The Bank of England has kept Bank Rate parked at 3.75% as policymakers wrestle with a sharp energy shock that has sent oil prices surging and blown open the range of possible inflation outcomes. Minutes from the central bank’s April meeting reveal a split committee and a much murkier outlook after Brent crude jumped in the wake of the Iran war tightening flows through the Strait of Hormuz.

FACTBOX-Bank of England Forecast Scenarios for April 2026

Due to uncertainty caused ⁠by ⁠the Iran war, the ⁠Bank of England moved away from a single economic forecast in its April 2026 Monetary Policy Report and instead produced forecasts for three separate ‌scenarios.

CNBC

'We're past peak-restrictiveness,' BOE governor says, as bets rise on Christmas rate cut

Economists widely predicted that the BOE would vote to keep key interest rates unchanged. A cut could come in February, or maybe as soon as December. The BOE's meeting comes ahead of the Autumn Budget on Nov. 26. LONDON — The Bank of England on Thursday ...

KFGO

London stocks slip as investors parse earnings mixed bag

UK shares drifted lower on Wednesday as traders digested mixed earnings, before turning their attention to global central bank policy decisions, including the Bank of England. The blue-chip FTSE ‌100 index dipped 0.