Soaring food and petrol prices... and SIX interest rate hikes plunging the UK towards recession: BoE leads dire warnings over 'Trumpflation' risks - with no end in sight to Iran chaos
- Posted on April 30, 2026
- By Daily Mail
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- 1 min read
Soaring food and petrol prices... and SIX interest rate hikes plunging the UK towards recession: BoE leads dire warnings over 'Trumpflation' risks - with no end in sight to Iran chaos
Brits face the possibility of six interest rate rises over the coming year as policymakers battle to contain inflation - which they fear could nearly double to 6.2 per cent.