Country: GB | Published: 2026-09-19
UK markets showed a split picture, with the FTSE 100 retreating as financial stocks weighed on the index, though the Bank of England's decision to hold rates and slow its gilt sale
UK markets showed a split picture, with the FTSE 100 retreating as financial stocks weighed on the index, though the Bank of England's decision to hold rates and slow its gilt sales continued to support bond prices. Political noise around budget expectations and UK trade questions added a layer of uncertainty, while a major UK property developer drew a sweetened takeover bid from its largest shareholder, keeping merger activity in focus. The overall tone remains cautious, with sector rotation and policy anticipation driving the uneven price action.