{"id":339571,"date":"2026-04-30T18:00:52","date_gmt":"2026-04-30T17:00:52","guid":{"rendered":"https:\/\/www.newsisc.com\/videos\/bank-of-england-warns-uk-should-brace-for-higher-inflation-due-to-middle-east-war\/"},"modified":"2026-04-30T18:00:52","modified_gmt":"2026-04-30T17:00:52","slug":"bank-of-england-warns-uk-should-brace-for-higher-inflation-due-to-middle-east-war","status":"publish","type":"post","link":"https:\/\/www.newsisc.com\/videos\/bank-of-england-warns-uk-should-brace-for-higher-inflation-due-to-middle-east-war\/","title":{"rendered":"Bank of England warns UK should brace for higher inflation due to Middle East war"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/i1.ytimg.com\/vi\/X5qWc3CCaE0\/hqdefault.jpg\" alt=\"Bank of England warns UK should brace for higher inflation due to Middle East war\"><br \/> <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/X5qWc3CCaE0\" frameborder=\"0\" allowfullscreen><\/iframe> <\/p>\n<p>The Bank of England has left interest rates unchanged at 3.75% but warned that the UK should brace for hikes later this year, as a result of the war in the Middle East. <\/p>\n<p>Subscribe to Guardian News on YouTube \u25ba https:\/\/www.youtube.com\/user\/guardianwires?sub_confirmation=1<\/p>\n<p>The Bank\u2019s rate-setting monetary policy committee voted to leave borrowing costs on hold on Thursday, with its nine-member committee split 8-1 in their decision.<br \/>\nAndrew Bailey, the central bank\u2019s governor, said: &#8216;The war in the Middle East is causing inflation to rise again this year.&#8217; He added that the policymakers were monitoring the global situation and its impact on the UK economy &#8216;very closely&#8217;, but that the decision to hold rates at 3.75% for now is a &#8216;reasonable place given the situation of the economy and the unpredictability of events in the Middle East&#8217; <\/p>\n<p>Bank of England warns \u2018higher inflation is unavoidable\u2019 after leaving interest rates on hold \u25ba https:\/\/www.theguardian.com\/business\/2026\/apr\/30\/bank-of-england-leaves-interest-rates-on-hold<\/p>\n<p>The Guardian publishes independent journalism, made possible by supporters. Contribute to The Guardian today \u25ba https:\/\/support.theguardian.com\/<\/p>\n<p>Sign up to the Guardian&#8217;s free new daily newsletter, First Edition \u25ba http:\/\/theguardian.com\/first-edition<\/p>\n<p>Website \u25ba https:\/\/www.theguardian.com<br \/>\nFacebook \u25bahttps:\/\/www.facebook.com\/theguardian<br \/>\nInstagram \u25ba https:\/\/instagram.com\/guardian<br \/>\nBluesky \u25ba https:\/\/bsky.app\/profile\/theguardian.com<\/p>\n<p>The Guardian on YouTube:<br \/>\nThe Guardian \u25ba https:\/\/www.youtube.com\/@theguardian<br \/>\nGuardian Australia \u25ba https:\/\/www.youtube.com\/@guardianaustralia<br \/>\nFootball Weekly podcast \u25ba https:\/\/www.youtube.com\/@footballweeklypodcast<br \/>\nGuardian Football \u25ba https:\/\/www.youtube.com\/@guardianfootball<br \/>\nGuardian Sport \u25ba https:\/\/www.youtube.com\/@guardiansport<br \/>\nIt&#8217;s Complicated \u25ba https:\/\/www.youtube.com\/@itscomplicated<br \/>\nGuardian Live \u25ba https:\/\/www.youtube.com\/@guardianlive<\/p>\n<p>#bankofengland #interestrates #middleeast<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of England has left interest rates unchanged at 3.75% but warned that the UK should brace for hikes later this year, as a result of the war in the Middle East. Subscribe to Guardian News on YouTube \u25ba https:\/\/www.youtube.com\/user\/guardianwires?sub_confirmation=1 The Bank\u2019s rate-setting monetary policy committee voted to leave borrowing costs on hold on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":339572,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[128995],"tags":[128886,128887,128974],"actors":[],"class_list":["post-339571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-guardian-news","tag-bank","tag-england","tag-left"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bank of England warns UK should brace for higher inflation due to Middle East war | News ISC Videos<\/title>\n<meta name=\"description\" content=\"Watch Bank of England warns UK should brace for higher inflation due to Middle East war for free, here on News ISC. 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