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Bank of England Holds Interest Rates Amid Iran Crisis, UK Pay Growth Slows
First article: 19 mar. 2026, 09:40
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Last update: 19 mar. 2026, 09:40
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1 article
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Editorial Analysis
Based on 1 source, 1 article
The Bank of England decided to hold interest rates steady, primarily influenced by the escalating tensions in Iran and the subsequent surge in oil and gas prices. This decision comes despite earlier expectations of a potential rate cut, which were significantly reduced following the conflict. The central bank is closely monitoring the situation in the Middle East and its potential impact on global inflation.Articles about this topic
Foto: The Guardian
Bank of England expected to leave interest rates on hold as oil and gas prices surge; UK pay growth hits five-year low– business live
Rolling coverage of the latest economic and financial newsUK wage growth slows sharply as unemployment holds steadyFed holds interest rates steady as Iran war drives up oil prices and inflation fearsMiddle East crisis live: Trump threatens to ‘blow up’ entire South Pars gasfield if Iran strikes QatarUK wage growth was particularly weak once you account for inflation.Real regular pay (adjusted by the consumer prices index) fell to just 0.5% in November-January. That’s the lowest since May to July
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