The Bank of England has held interest rates at 3.75% as policymakers hiked forecasts for UK inflation due to war in the Middle East pushing up energy prices.The Bank left rates unchanged in a unanimous vote among all nine members of its Monetary Policy Committee (MPC).It is the first time that all members have voted the same way since September 2021.

The Bank of England has held interest rates at 3.75% as policymakers hiked forecasts for UK inflation due to war in the Middle East pushing up energy prices.The Bank left rates unchanged in a unanimous vote among all nine members of its Monetary Policy Committee (MPC).It is the first time that all members have voted the same way since September 2021.