Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › BOE Expected to Hold Rates as Energy Prices Swing (Video)
Business & Finance

BOE Expected to Hold Rates as Energy Prices Swing (Video)

Bloomberg Markets Thursday 30 July 2026, 05:08 UTC 1 min read
Key Points

Jul 30th, 2026 BOE Expected to Hold Rates as Energy Prices Swing The Bank of England is set to leave interest rates on hold, with the benchmark cost of borrowing at 3.75%, as it sticks to a wait-and-see approach to navigate the swings in oil and gas prices. The central bank is also expected to publish its latest analysis on quantitative tightening ahead of a decision on unwinding its portfolio of government debt in September. Bloomberg's Lizzy Burden breaks down the situation.

Jul 30th, 2026 BOE Expected to Hold Rates as Energy Prices Swing The Bank of England is set to leave interest rates on hold, with the benchmark cost of borrowing at 3.75%, as it sticks to a wait-and-see approach to navigate the swings in oil and gas prices. The central bank is also expected to publish its latest analysis on quantitative tightening ahead of a decision on unwinding its portfolio of government debt in September. Bloomberg's Lizzy Burden breaks down the situation.
BOE (LOCATION) Bloomberg (ORG) Lizzy (PERSON)
Originally published by Bloomberg Markets Read original →

Related Stories

US Conducts Fresh Strikes as Iran War Escalates

Jul 30th, 2026 US Conducts Fresh Strikes as Iran War Escalates The US launched a new wave of strikes targeting Iran's Islamic Revolutionary Guard Corps after attacks on American military bases in the Middle East, deepening a conflict that is rapidly spreading across the region.

Bloomberg Markets 5m ago

Anglo American Posts Profit Jump on Record Copper Prices

Anglo American Posts Profit Jump on Record Copper Prices Anglo American Plc posted a jump in profit and raised its dividend as it joined rival miners in cashing in on record copper prices. Anglo is approaching the finishing stages of a radical transformation plan that will see it exit diamonds, coal and platinum and take over rival Teck Resources Ltd. to focus on copper mining.

Bloomberg Markets 6m ago

Shell Reports Profit Surge as Oil Trading and Refining Boom

Shell Reports Profit Surge as Oil Trading and Refining Boom Shell Plc said its second-quarter profit jumped on the back of an oil-refining boom and another robust period for its energy traders as the Iran war continued. Adjusted net income rose to $9.8 billion, more than doubling earnings from the same period a year earlier, the London-based major said in a statement. That marked the highest quarterly profit since early 2023 and beat the $8.7 billion average analyst estimate compiled by...

Bloomberg Markets 9m ago

My slow Swedish summer on the tranquil islands of Östergötland

Small boats and kayaks connect the sparse communities and flourishing wildlife living on the thousands of islets on the Baltic coastAt 5am on Arkösund bay, it is so light it could be midday. I slip out of the pretty clapboard Arkösunds hotell, opened in 1895, as a small boat putters into the Baltic Sea, the sun sparkling on its calm waters. A wooden boardwalk invites me on to a string of tiny islets as geese arrow overhead and a mother swan coaxes her fluffy cygnets into a nook under a bridge.

The Guardian UK 14m ago