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Bank of England holds interest rates at 3.75% but warns war could force future rises

17.09.2026 14:16 | The Guardian World

Central bank announces surprise plan to sell billions of pounds in government bonds back to the TreasuryBusiness live – latest updatesThe Bank of England has kept interest rates on hold as it warned a continuation of the current bitter fighting in the Middle East could force it to raise borrowing costs amid mounting fears over inflation.It also announced a surprise plan to sell billions of pounds in UK government bonds back to the Treasury to avoid fuelling turbulence in the gilt market, in a decision that could have major consequences for the public finances before next month’s budget. Continue reading...

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