Dossier
Quilter Cheviot
Coverage of Quilter Cheviot in the Nexus archive.
- Bank of England warns on inflation after freezing rate
The Bank of England kept interest rates at 3.75% for a fifth consecutive meeting, warning that inflation will rise again due to high energy prices from the U.S.-Iran conflict. Three BoE policymakers voted to increase rates, while the central bank projected inflation could peak at 3.2% by year-end or rise to 4.5% in 2027 if Middle East tensions escalate.