21 resultsfor “impact of Middle East conflict on UK interest rates”
conflict gradually disappear,” he said. The estate agent Savills has forecast that house prices will fall this year owing to rising mortgage rates. It said the impact of war in the Middle East had “fundamentally
Interest rates are expected to be held at 3.75% by the Bank of England, with uncertainty dominating the UK and global economies. Analysts are widely predicting the benchmark rate will be left unchanged owing
UK to 5.5% this year. Last week the Office for National Statistics put the rate of unemployment at 4.9% in February but said it expected that to climb because of the conflict. The bank said
UK's central bank will not rush to make a decision on interest rate rises, despite the world facing what he described as a "very big energy shock". Speaking to the BBC at the meeting
Middle East fed inflation fears and bets that central banks will have to increase interest rates. Brent crude, the international benchmark for oil, rose on Monday, after an [attack on a nuclear power plant
conflict in the Middle East. Over the past week, the UK’s big four banks – [Barclays](https://www.theguardian.com/business/2026/apr/28/barclays-lending-uk-mortgage-firm-mfs-bank-profits-motor-finance), [HSBC](https://www.theguardian.com/business/2026/may/05/hsbc-profits-fall-fraud-related-charge-iran-war), [Lloyds](https://www.theguardian.com/business/2026/apr/29/lloyds-iran-war-forecasts-rise-in-uk-unemployment) and [NatWest](https://www.theguardian.com/business/2026/may/01/natwest-faces-140m-hit-from-iran-war-as-uk-growth-slows-and-inflation-rises#:~:text=NatWest%20reported%20a%2012%25%20year,average%20of%20%C2%A31.9bn.) – reported combined profits
interest rates to slow the pace of price rises. IMF chief economist Pierre-Olivier Gourinchas told the BBC a prolonged conflict would lead to spiralling inflation, push up unemployment and lead to food insecurity
UK unexpectedly fell in the three months to February, according to official figures – but the fallout from the conflict in the Middle East is expected to cause a rise in job cuts. The Office
UK inflation is [currently running at 3.3%](https://www.theguardian.com/business/2026/apr/22/uk-inflation-rises-soaring-fuel-prices-iran-war). However, Lloyds believes that the Bank of England will not move to increase the base interest rate, which stands at 3.75%, this year, but will
Middle East conflict has laid bare the fact that the UK remains highly exposed to global energy shocks. Even if hostilities ease rapidly, higher energy prices will leave households poorer, businesses facing higher costs
impact of the Iran war. The Bank’s rate-setting monetary policy committee (MPC) voted to leave borrowing costs on hold at noon on Thursday, after its latest rate-setting meeting. The vote
impact of the crisis in the Middle East triggered by the US and Israel’s attacks on Iran. The chief executives of HSBC, [Barclays](https://www.theguardian.com/business/barclay), Lloyds, NatWest and Santander have been asked
conflict in the Middle East hits the economy. Here are five key takeaways. Not that long ago, most economists were expecting interest rates to fall this year. The Iran war changed that. Although the Bank
impact of Middle East conflict House price growth in the UK has surprised estate agents and economists by jumping in April at the fastest annual pace in 11 months, according to [Nationwide](https://www.theguardian.com/business/nationwide).
impact of the Middle East conflict. Hospitality and leisure firms have been faring particularly badly because of shaky consumer confidence, and rising taxes and staff costs, according to research by the restructuring company Begbies Traynor
conflict erupted in the Middle East – with Iran retaliating against US and Israeli strikes by targeting Gulf cities including Dubai. The attacks prompted a [scramble among the wealthy to leave the Emirates via alternative routes
impact the global prices. A lower rate of inflation does not mean prices are falling across the board, but that prices are rising more slowly than previously. The drop in inflation occurred despite the rise
impact of the Iran war on consumers, a thinktank has said. Capping legal speeds at 20mph in towns and cities and 60mph on motorways would help reduce fuel demand and combat [soaring oil prices
conflict is over," he said. Kristalina Georgieva, IMF managing director told me, the world faced a "slower moving shock" while the World Bank's president Ajay Banga told me about the impact on economically poorer
conflict in the Middle East pushes up oil and gas prices, raising fears that high energy costs could persist. The government insists that focusing on renewables will ultimately deliver greater energy security by reducing reliance