The Readout

Allegra Stratton: The UK’s HALO Effect

So what exactly will the BOE be thinking?
UK PM Keir Starmer today ruling out being drawn into a “wider war.”Photographer: Chris J. Ratcliffe/Bloomberg
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Well, this Monday morning we should have been anticipating another rate reduction to 3.5% out of the Bank of England’s Thursday meeting. Ha! Best made plans and all. President Trump’s conflict with Iran, now into its third week, has all but nobbled that idea.

But while monetary policy makers are expected to stick this week, there is optimism on the FTSE100. For those determined to see some chinks of spring sunshine in this turbulent world... we have something for you later.