The Bank of England is facing mounting pressure to raise interest rates on Thursday amid a global bond market rout fuelled by concerns over runaway government borrowing and sticky inflation. Investors told Threadneedle Street it was “essential” to rein in prices before the energy shock triggered by the Iran war spreads through the economy and [...]
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September 16, 2026 at 3:00 AM
Bank of England under pressure to raise interest rates or risk ‘losing credibility’
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