UK mortgage interest rates will rise four times this year, markets predict
Investors believe Bank of England is likely to act amid sustained rise in inflation from Iran warBusiness live – latest updates‘Trumpflation’: how the Iran war’s economic storm could affect BritonsThe Bank of England will raise the cost of borrowing four times this year, pushing UK interest...
<p>Investors believe Bank of England is likely to act amid sustained rise in inflation from Iran war</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/mar/23/stock-markets-gold-dollar-trump-iran-ultimatum-uk-economy-growth-borrowing-costs-latest-news-updates">Business live – latest updates</a></p></li><li><p><a href="https://www.theguardian.com/business/2026/mar/22/trumpflation-how-the-iran-war-economic-storm-could-affect-britons">‘Trumpflation’: how the Iran war’s economic storm could affect Britons</a></p></li></ul><p>The Bank of England will raise the cost of borrowing four times this year, pushing UK interest rates from 3.75% to 4.75% amid the <a href="https://www.theguardian.com/world/us-israel-war-on-iran">conflict in the Middle East</a>, according to financial market speculators.</p><p>In a blow to mortgage payers, international investors are betting that the UK is vulnerable to a sustained rise in inflation after the US-Israel attack on Iran.</p> <a href="https://www.theguardian.com/business/2026/mar/23/uk-mortgage-interest-rates-markets-bank-of-england-iran-war">Continue reading...</a>
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