info@news-matic.com

details

Bank of England holds interest rates at 3.75% and signals rise is possible within months

Decision comes as concerns mount over economic fallout from Iran war bringing inflation shock The Bank of England has kept interest rates on hold and signalled it could be forced to increase borrowing costs in the coming months as the US-Israel war on Iran threatens to drive inflation in the UK above 3%. The Bank’s rate-setting monetary polic... [4093 chars]

Cookie Consent + Tracking