‘Door is open’ to interest rate hike as inflation fears return Economics An interest rate hike by the Bank of England this year is back on the cards as fears of continued oil and gas trade disruption across the Strait of Hormuz could push inflation higher, according to City economists. A spike in oil prices to levels seen during the Iran war has dampened the mood across [...]
Interest rates next change ‘far more likely down than up’ Economics Interest rates are set to be held on Thursday in what some analysts believe could be a split decision as two Bank of England officials could back a 25 basis point hike. The Bank’s Monetary Policy Committee is widely expected to leave interest rates unchanged at 3.75 per cent, though some members could back a [...]
Interest rates set to be held as inflation to remain ‘elevated’ despite Iran peace deal Economics Interest rates are expected to be left unchanged as Bank of England policymakers wait to find out whether the Iran war peace deal holds up. The Bank’s Monetary Policy Committee (MPC) is set to keep interest rates at 3.75 per cent at a decision later this week. Its decision would suggest that the Bank is [...]
Top Bank of England officials warn Reeves against supermarket price cap May 20, 2026 Senior Bank of England officials have warned that price controls on essential goods are not an effective long-term tool to lower the cost of living, after it emerged the Treasury was pushing supermarkets to commit to cap prices of consumer staples. Speaking at a Treasury Committee appearance, governor Andrew Bailey told MPs that controlling the [...]
It’s not the Bank of England’s job to support the Chancellor May 5, 2026 the Bank of England's MPC is acting as if its role is to support the Chancellor and protect the real economy, rather than control inflation.
Bank of England signals interest rate hikes ahead despite April hold April 30, 2026 The Bank of England has all but confirmed that interest rates will be hiked in the coming months as oil prices have shot up, despite opting to hold them in a meeting on Thursday. The Bank’s Monetary Policy Committee warned interest rates could climb back to 5.25 per cent from the current level of 3.75 [...]
Twilight zone: Markets await ‘highly uncertain’ interest rates decision April 30, 2026 City analysts are eagerly anticipating a “highly uncertain” Bank of England decision on interest rates that could swing prices in either direction. The Bank’s Monetary Policy Committee is widely expected to hold interest rates at its upcoming decision at 12pm on Thursday, though analysts have warned that a vote split and hawkish messaging around the [...]
‘Stuff of nightmares’: Hold interest rates, City AM Shadow MPC says April 28, 2026 Interest rates should be left unchanged in April but the future path of monetary policy could be unclear, City AM’s Shadow Monetary Policy Committee has suggested. A group of City economists and academics has called for interest rates to be left at 3.75 per cent on Thursday, citing the risk of higher inflation due to [...]
Bank of England dissenters expected to back interest rate hikes April 27, 2026 Economists have suggested that at least two members of the Bank of England’s Monetary Policy Committee (MPC) could vote for interest rates to be hiked later this week. Analysts at JP Morgan, BNP Paribas and Goldman Sachs have predicted that hawkish policymakers will push back against leaving interest rates unchanged. The Bank’s chief economist Huw [...]
‘Outlook uncertainty’: Interest rates to be left unchanged in crunch decision April 24, 2026 The Bank of England is set to leave interest rates unchanged at a highly-anticipated meeting on Thursday as investors are looking for further guidance on the impact of the Iran war on the UK economy. Markets have all but priced in a hold at the Monetary Policy Committee’s next meeting, which would leave interest rates [...]