Finance · 19 March 2026

UK interest rates stay at 3.75% over Iran war

Unsplash / Kai Pilger

Rising energy costs from the Iran war mean UK households could see higher fuel and electricity bills later this year, causing inflation to accelerate. Analysts broadly anticipate the Bank of England will keep interest rates at 3.75% this Thursday, deferring its previous intention to implement a cut. Economists like Thomas Pugh believe a rate cut is unlikely for both March and April due to the ongoing volatility.

By BriefTea Editorial · 19 March 2026 at 6:16

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