Country: GB | Published: 2026-09-23
UK sentiment stayed cautious as new PMI data showed business activity cooling while inflation pressures built, a mix that keeps the Bank of England in a tight spot. Public borrowin
UK sentiment stayed cautious as new PMI data showed business activity cooling while inflation pressures built, a mix that keeps the Bank of England in a tight spot. Public borrowing came in well above forecasts with the year-to-date deficit revised higher, adding to fiscal worries that have weighed on gilts and the pound. Politically, PM Burnham declined to rule out rejoining the EU and pushed a "Made in Europe" economic plan, keeping the post-Brexit trade question back in the headlines.