Interest rates9 Mar 2026 16:19
Keep hearing from a skim of various outlets, including "verified" news strong speculation that interest rates might rise to control inflation caused by the current Middle East situation!
I would not put anything past Bailey, the previous Flaccid head of the FCA. The whole idea that the country , beset with new taxes and now wholesale rising prices because of the war should be subject to an interest rise is ludicrous . Spending will be curtailed quite naturally without the BOE being stupid.
Interest rises will hit industry still trying to cope with wage rises ,NI contribution's going up, and a raft of other budgetary measures.