Country: GB | Published: 2026-09-17
UK inflation accelerated to a five-month high in August, yet the data offered some relief for the Bank of England, which is expected to hold rates even as an energy shock stirs tal
UK inflation accelerated to a five-month high in August, yet the data offered some relief for the Bank of England, which is expected to hold rates even as an energy shock stirs talk of a possible hike. London shares edged higher as oil prices retreated and homebuilders lifted the FTSE on easing yields, while a think tank proposal for £8 billion in benefit savings feeds the fiscal debate. Politically, the Prime Minister is signaling tough decisions to keep the economy on track, and a village vote against an asylum housing plan keeps that issue prominent.