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UK's FTSE 100 snaps four-week losing streak as rate hike fears ease

  • Posted on May 23, 2026
  • By Business News Today
  • 0 Views
  • 1 min read
UK's FTSE 100 snaps four-week losing streak as rate hike fears ease
UK's FTSE 100 snaps four-week losing streak as rate hike fears ease

UK's FTSE 100 index is poised to end a losing streak, buoyed by softer inflation and rising unemployment data that eases pressure for a Bank of England rate hike. Retail sales saw their steepest fall in nearly a year, adding to concerns about consumer spending amid global and domestic challenges.
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Business News Today

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