Higher oil prices further increase the Bank of England’s interest rate dilemma
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Higher oil prices further increase the Bank of England’s interest rate dilemma
Higher oil prices further increase the Bank of England’s interest rate dilemma
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Rolling coverage of the latest economic and financial news

Decision to hold interest rates is backed by gloomy assessment of economy as Iran war pushes up oil prices

Higher oil and gas prices could increase UK borrowing through debt interest, welfare payments, and pressure on departmental…

The Bank of England may know where inflation is headed, but it has a much harder time knowing where oil—and interest rates—are…

Inflation will be back on the rise from March’s figures onwards but economists don’t believe huge interest rate rises are on the…

In theory, the U.K. should be less exposed to the impact of higher energy prices than some peers. In practice, the price surge is…