Country: GB | Published: 2026-09-25
UK markets remain caught between cooling inflation and fresh rate uncertainty, as Bank of England officials warn that a persistent energy price shock could make another rate rise i
UK markets remain caught between cooling inflation and fresh rate uncertainty, as Bank of England officials warn that a persistent energy price shock could make another rate rise increasingly likely, with one policymaker describing lingering risks as sparks in a tinderbox. That hawkish tone sits awkwardly against softening business surveys and a food and drink trade deficit that widened as US tariffs hit exports like salmon. Pension tax speculation around the budget adds another layer of nervousness for investors.