Bank holds UK interest rates at 3.75%, 'ready to act' over Iran war

NAMPA / DPA

2026-03-19

London (PA Media/dpa) - The Bank of England has held interest rates at 3.75% as policymakers hiked forecasts for UK inflation due to war in the Middle East pushing up energy prices. The bank left rates unchanged in a unanimous vote among all nine members of its Monetary Policy Committee (MPC). It is the first time that all members have voted the same way since September 2021. Governor Andrew Bailey said: "War in the Middle East has pushed up glob......

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Economy

German economy minister rejects 'knee-jerk' fuel price interventions

2026-03-19 15:31:01

Bank holds UK interest rates at 3.75%, 'ready to act' over Iran war

2026-03-19 15:00:32

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VW to to pay ?1,250 premium to workers despite its financial woes

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