RE: Interest rates23 Mar 2026 10:04
From Sky News economics reporter this morning:
The Iran war has seen off any prospect of interest rate cuts by the Bank of England this year.
Financial markets are now predicting up to four interest rate rises instead.
Data from the London Stock Exchange Group shows investors fully expect three hikes by December, with Bank rate set to rise almost a full percentage point to 4.71% from the current 3.75%