30 July 2026 at 5:25 pm
Summary
The Bank of England has maintained interest rates at 3.75%, despite earlier expectations for a reduction this year. This cautious approach is attributed to concerns over a potential inflation surge stemming from the conflict in Iran, impacting mortgages and savings.
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Bank of England Holds Interest Rates at 3.75% as Inflation Fears Mount
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Bank of England Poised to Maintain Interest Rates at 3.75%
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Bank of England maintains base rate at 3.75%, lowest in three years, impacting mortgages and savings
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