Country: GB | Published: 2026-09-18
UK markets carried last week's momentum after the Bank of England held rates and paused gilt sales, a combination that lifted bonds and left London shares modestly higher. The surp
UK markets carried last week's momentum after the Bank of England held rates and paused gilt sales, a combination that lifted bonds and left London shares modestly higher. The surprise came from the demand side, with retail sales rising unexpectedly in August, suggesting consumers are holding up despite the Bank's warning that inflation could stay elevated. That tension between resilient spending and sticky price pressures keeps the focus on how the Bank balances its next move.