Young people in UK hit by ‘low-gear economy’, warns Bank of England deputy
Exclusive: Iran war has fuelled energy price rise and clouded outlook, driving up unemployment, says Clare Lombardelli Young people in Britain are bearing the brunt of a “low-gear economy” as employers hold back from hiring amid the fallout from the war in the Middle East, a deputy governor of the Bank of England has warned. Clare Lombardelli, the Bank’s deputy governor for monetary policy, said t
BoE deputy warns Middle East war is worsening UK youth unemployment
- BoE deputy governor links rising energy prices and hiring freeze to Middle East conflict
| Asset | Bias | Rationale |
|---|---|---|
| No direct listed exposure identified — we do not map to an instrument when none is publicly tradable. | ||
- UK youth unemployment rate
- UK CPI energy component
- UK 10-year gilt yield
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Published：2026-11-10 06:49:26 · Source：guardian · Automatically aggregated and analysed — verify against the original source.