War propels UK inflation in new risk for interest rate hikes

City AM — Apr 22, 06:04 AM

The Bank will be keenly looking over inflation before changing interest rates. https://www.cityam.com/wp-content/uploads/2025/01/005-Bank-of-England.jpg?w=1107" />

Inflation sped up in March, official data has revealed, giving the Bank of England’s Monetary Policy Committee a headache as policymakers mull over whether to raise interest rates.

Inflation jumped to 3.3 per cent last month as President Trump and Prime Minister Netanyahu’s war on Iran led to critical trade disruption across the Strait of https://www.cityam.com/war-propels-uk-inflation-in-new-risk-for-interest-rate-hikes/">[...]

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UK Inflation Hits 3.3%

UK inflation accelerates after Iran war drives sharp rise in fuel prices The Argus — Apr 22, 10:06 AM
UK inflation rises to 3.3% amid soaring fuel prices driven by Iran war The Guardian — Apr 22, 06:01 AM
UK inflation jumps to 3.3% amid Iran war 📹 Reuters — Apr 22, 10:55 AM
UK inflation rises in March as prices at the pump spike higher after Iran war AP News — Apr 22, 07:03 AM
Inflation jumps after a sharp rise in diesel and petrol prices due to Iran war Daily Star — Apr 22, 12:18 PM