Bank of England 'ready to act' as it warns Iran war 'shock' will push up inflation

Bank of England 'ready to act' as it warns Iran war 'shock' will push up inflation

The Bank of England "stands ready to act" to keep interest rates at a level to control inflation, its governor Andrew Bailey has said. His comments came as the Bank announced it was leaving its key rate unchanged at 3.75%. Until the conflict in the Middle East began a rate cut had been expected. T...

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