Warning inflation is set to rise as Bank of England says 'Middle East conflict has shifted outlook'
The ongoing US-Iran war has resulted in the central bank updating its inflation forecasts for the year
Interest rates
Mortgage warning as nearly one million homeowners face £5,652 jump in bills
Borrowers coming off fixed deals face shockingly high new deals following tensions in the Middle East
Bank of England interest rates expected to hold at 3.75% amid Iran conflict and inflation fears
Economists say conflict-driven energy price surge has forced policymakers to reconsider expected interest rate cuts
