6 hours ago Kevin Peachey Cost of living correspondent Getty Images Interest rates are expected to be held at 3.75% by the Bank of England, with uncertainty dominating the UK and global economies. Analysts are widely predicting the benchmark rate will be left unchanged owing to strong signals from the Bank that it will take time to assess the impact of conflict in the Middle East on the economy and the cost of living. The base rate is the Bank's primary tool in controlling inflation, which charts the annual rise in prices of goods and services. The rate of inflation remains above the 2% target, at 3.3%, but a cautious approach by the rate-setting committee at the Bank of England is expected. "The repercussions of the [Iran] conflict are still keenly felt and uncertainty about how the situation could evolve also remains high, which will be key points the Monetary Policy Committee (MPC) will have to consider," said Sandra Horsfield, economist for wealth management group Investec.…