Economic Review – March 2026

In March’s  Economic Review – Middle East conflict hits UK economy, interest rates on hold and UK wage growth continues to ease.

Key takeaways:  

    • Office for Budget Responsibility warned the Middle East conflict will impact both global and UK economies significantly.
    • Last month, Bank of England policymakers unanimously voted to maintain interest rates at their current level of 3.75%.
    • Office for National Statistics figures indicate pay growth is slowest for five years and consumer confidence dipped.

Economic Review

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