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