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The Latest Breaking News from MPC

Marathon Petroleum Q1 Earnings Call Highlights

Marathon Petroleum (NYSE:MPC) reported stronger first-quarter 2026 results, with management pointing to improved refinery reliability, elevated refining margins and a favorable supply-demand backdrop shaped in part by geopolitical disruptions in the Middle East. On the company’s earnings call, CEO

MarketBeat

FTSE 100 rallies as oil eases and Bank of England holds rates

The FTSE 100 closed up 165.71 points, or 1.6%, at 10,378.82.

Evening Standard

Bank signals interest rates could rise as Iran war to push up cost of living

The new outlook comes as interest rates were held at 3.75% on Thursday.

Evening Standard

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Why did the Bank keep interest rates the same despite rising inflation?

A large majority of policymakers opted to keep interest rates at 3.75% at the latest Monetary Policy Committee meeting on Thursday.

Evening Standard

Bank of England poised to hold interest rates steady despite inflation rise

But experts have said a hike could remain on the horizon if the conflict continues to put pressure on UK inflation.

Evening Standard

Bank of England set to hold interest rates despite Iran war pushing up inflation

Economists have however suggested that continued inflationary pressure could lead to a rate hike in the summer.

Evening Standard

“There have been times in my career where I’ve wondered: at the end of the day, am I going to own only 15% of my catalogue?”: DJ Shadow on why he stopped sampling and left the MPC behind

The pioneering producer explains why he switched up his sample-heavy workflow in favour of soft synths and Ableton Live

MusicRadar

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Bank of England should increase interest rates to head off inflation, warns top economist

Expert warns that rising energy costs could take inflation to 4.5 per cent this year

The Independent UK

UK jobs market was in a fragile state – even before Iran war threatened recovery

Despite surprise fall in unemployment, weak wage growth and inflation pressures put the squeeze on workers

The Guardian - UK

Quarter of a million people could lose their jobs by 2027 as UK ‘flirts with recession’

The job market will endure its ‘biggest hit since the pandemic’

The Independent UK

UK to narrowly avoid recession and jobless rate to surge, Item Club warns

The independent forecasting group said interest rates will remain on hold in 2026 despite soaring inflation caused by the Iran war.

Evening Standard

Why Oil Refiners Are the Real Winners of $100 Oil Prices

$100 oil is boosting refiners, not drillers. Discover why Valero, Marathon Petroleum, and Phillips 66 are benefiting from record crack spreads

MarketBeat

What to Expect From Marathon Petroleum's Next Quarterly Earnings Report

Marathon Petroleum will release its first-quarter earnings next month, and analysts anticipate a robust triple-digit bottom-line growth.

Barchart

JP Morgan Chase head warns of unexpected global interest rate shocks as a result of Iran war

Jamie Dimon also appears to criticise Donald Trump for distancing the US from its allies

The Independent UK

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The Guardian - UK

UK government borrowing costs hit 5% as Iran war fuels bond market sell-off

Yields on 10-year debt reach highest since the 2008 financial crisis, raising concerns of faster interest rate rises

Evening Standard

Bank should not rush into hiking rates in face of Iran war, says MPC member

Alan Taylor said the current energy price shock and impact on inflation and growth would require a ‘full effort’ from Bank policymakers.

The Independent UK

Markets bet on three interest rate hikes as Iran stance threatens inflation shock for UK

Rising oil and gas prices are expected to damage Western economies and traders have betted on rates to go up throughout the year

The Guardian - UK

UK mortgage interest rates expected to rise despite Trump’s Iran pause

Bank of England likely to make two quarter-point increases amid sustained rise in inflation, investors believe

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news in one place.

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MusicRadar

"A machine worthy of building your whole workflow around": Akai MPC XL review

The new flagship of the MPC range is a true production powerhouse

The Independent UK

How Trump’s Iran war could derail the economy – and the Labour government

POLITICS EXPLAINED: If the bombing of energy infrastructure continues, Rachel Reeves could be left with another crisis just as the public finances were about to turn a corner, as Sean O’Grady explains

Evening Standard

Interest rate cuts not on the horizon, Bank of England governor says

The Bank left interest rates unchanged at 3.75% in a unanimous vote among all nine members of its Monetary Policy Committee on Thursday.

Evening Standard

Bank of England holds interest rates but hints at possible hikes

The Bank left rates unchanged in a unanimous vote among all nine members of its Monetary Policy Committee (MPC).

Evening Standard

What is behind the Bank’s latest rates decision and inflation warnings?

Policymakers voted unanimously to keep rates at 3.75%, with cuts now looking to be off the table as the conflict in the Middle East escalates.

The Guardian - UK

BoE delivers message Britons don’t want to hear as inflation – and rates – look set to rise

Decision to hold interest rates is backed by gloomy assessment of economy as Iran war pushes up oil prices

The Independent UK

Bank of England unanimously votes to press pause on interest rates as Iran worries grow

City still thinks borrowing costs will fall – but not until later this year

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