Country: GB | Published: 2026-09-24
UK stocks slipped as stalled US-Iran talks pushed oil higher, a move that keeps energy-driven inflation concerns front and center. A senior Bank of England official flagged that ra
UK stocks slipped as stalled US-Iran talks pushed oil higher, a move that keeps energy-driven inflation concerns front and center. A senior Bank of England official flagged that rates could rise if energy prices stay elevated, and sterling slid to a near three-month low against the dollar. Consumer stress is showing up too, with retailers reporting a drop in sales and the sharpest cutback in orders on record, painting a cautious picture for household demand.