Country: GB | Published: 2026-09-20
UK markets are digesting a Bank of England decision to hold rates steady, though a 6-3 split vote and a pause in gilt operations point to a tighter-for-longer stance that has kept
UK markets are digesting a Bank of England decision to hold rates steady, though a 6-3 split vote and a pause in gilt operations point to a tighter-for-longer stance that has kept the pound under pressure against the euro. Commentary accusing the central bank of timidity sits alongside warnings of a fresh inflation jump, leaving the policy path uncertain. Meanwhile, retail sales rose in August, offering a modest signal of consumer resilience amid the cautious mood.