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5 resultsfor “current monetary policy of the Bank of England”

Business

Lloyds takes £151m hit from Iran war as it forecasts rise in UK unemployment

Bank of England will not move to increase the base interest rate, which stands at 3.75%, this year, but will also not cut it until the third quarter of 2027. The market is currently factoring

The Guardian WorldYesterday
Business

Interest rates expected to be held as uncertainty over Iran war continues

England is expected. "The repercussions of the [Iran] conflict are still keenly felt and uncertainty about how the situation could evolve also remains high, which will be key points the Monetary Policy Committee (MPC) will

BBC News22h ago
Business

Quarter of a million people could lose job by middle of 2027 as UK ‘flirts with recession’, analysis says

current [five-year high of 5.2%](https://www.theguardian.com/business/2026/feb/17/uk-unemployment-rate-ons-interest-rates), with almost 250,000 more people losing their jobs because of the crisis in the Middle East. If the forecast is correct, that would increase

The Guardian WorldApr 20
Business

UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns

currently anticipated, which would risk plunging the economy into a recession in the second half of this year. A barrel of Brent crude oil was trading at $111 on Tuesday. Calling this “severe but plausible

The Guardian WorldYesterday
Business

A fresh financial crisis may be coming - it won't play out like the last one

current risks to the global economy. But for now, stock markets seem to assume that peace will eventually prevail, and lots of big companies are continuing to make more money than investors were expecting

BBC NewsYesterday