Country: GB | Published: 2026-09-15
UK labor data remains soft, with companies cutting staff and wage growth cooling ahead of the Bank of England's next rate decision. London shares slipped as higher oil prices lifte
UK labor data remains soft, with companies cutting staff and wage growth cooling ahead of the Bank of England's next rate decision. London shares slipped as higher oil prices lifted bond yields, adding pressure to equity valuations, while grocery inflation continues to creep higher and the state pension is set for a notable rise under the triple lock. Sterling stays subdued amid domestic political noise, keeping the overall market tone defensive.