Bank holds UK interest rates at 3.75% and stands ‘ready to act’ over Iran war

Name: Bank holds UK interest rates at 3.75% and stands ‘ready to act’ over Iran war
Uploaded: 2026-03-19T17:02:33+00:00
Duration: 47 s
Channel: Evening Standard
Description: 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 unanimou...

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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.