UK economy defies the pressure

Podcast: Walker Crips' Market Commentary · Walker Crips Investment Management Limited

Opublikowano: 2026-10-06

The UK economy grew faster than first thought in the second quarter of 2026, with UK gross domestic product ("GDP") revised up to 0.5% from 0.4% by the Office for National Statistics (“ONS”), with the services sector doing most of the work. The manufacturing Purchasing Managers' Index ("PMI"), a survey of how manufacturers themselves see conditions, edged up to 51.9 in September from 51.7, holding above the 50 mark that separates growth from contraction. Households looked less comfortable with Nationwide reporting annual house price growth halved to 0.8% in September from 1.6%, the weakest since December 2025. The 10-year gilt yield was little changed at 5.37%, keeping borrowing costs in f...