Bank of England boss issues inflation warning as global economy set for 'very big energy shock'
The IMF's economic outlook shows the UK is facing the biggest downgrade to growth among the G7 group of countries
Inflation
Inflation held at 3% prior to Iran conflict as Bank of England warns of fresh surge
Inflation remained steady in February before Middle East conflict triggered warnings of rising energy costs
Warning inflation is set to rise as Bank of England says 'Middle East conflict has shifted outlook'
The ongoing US-Iran war has resulted in the central bank updating its inflation forecasts for the year
