Country: GB | Published: 2026-09-17
UK markets firmed modestly as London shares rose ahead of the Bank of England's decision, which ended with rates held steady but a notably hawkish tone on inflation, with fuel cost
UK markets firmed modestly as London shares rose ahead of the Bank of England's decision, which ended with rates held steady but a notably hawkish tone on inflation, with fuel costs pushing price growth higher. Sterling stayed close to flat, mirroring the wait-and-see stance traders took into the announcement. Attention now shifts to how the Bank balances that inflation alarm against signs of softer growth in the months ahead.