Faisal Islam: Iran war is having a dramatic effect on the UK economy
The knock-on effects of the war in the Gulf go beyond a hold on interest rates and are set to reverberate for months.
The knock-on effects of the war in the Gulf go beyond a hold on interest rates and are set to reverberate for months.
Oil and gas prices have risen again after fresh strikes hit key infrastructure in the Middle East.
Policymakers vote unanimously to hold rates at 3.75% after the Iran war prompts a reversal in the debate over borrowing costs.