RS Group shares slip as UK inflation looms and rate-cut bets churn

February 16, 2026
RS Group shares slip as UK inflation looms and rate-cut bets churn

London, Feb 16, 2026, 14:30 GMT — Regular session

  • RS Group slipped roughly 0.8% in the afternoon session, trailing the wider mid-cap bracket.
  • This week’s UK inflation and retail sales figures are putting pressure on expectations for a Bank of England rate cut.
  • RS Group’s full-year numbers are due May 20, and investors are watching for those, too.

RS Group PLC was down Monday, changing hands around 718 pence and lagging behind the rest of London’s mid-cap stocks. (RS Group)

This shift comes as investors brace for a barrage of data this week—numbers that could easily shake up rate forecasts and, as usual, hit the most cyclical names right out of the gate. For distributors like RS Group, it doesn’t take long for order books to feel any wobble in manufacturing mood or changes in customer spending.

The FTSE in London ticked up in early moves, with banks bouncing back to lift the index. Traders shifted positions ahead of this day’s UK inflation, retail sales, and business activity data. (Reuters)

RS Group kicked off the session near 727p, moving in a range from about 717p up to 730p, according to figures from Hargreaves Lansdown. (Hargreaves Lansdown)

Traders are betting on a 25-basis-point trim from the Bank of England next month, but where things go after that remains uncertain. Deutsche Bank’s chief UK economist, Sanjay Raja, told Reuters he’s looking for cuts in both March and June. TD Securities’ James Rossiter? He sees just one more move—March. (Reuters)

The Bank of England will announce its next move on March 19. UK inflation data for January lands Wednesday, Feb. 18, putting fresh pressure on rate-cut expectations in the run-up to those dates.

Looking ahead, major company events aren’t coming up immediately. RS Group’s full-year 2025/26 results are on the books for May 20, with the annual general meeting set for July 16, according to the company’s website.

UK numbers come in soft? That could tip the scales toward rate cuts—and give cyclicals some room to run. But if inflation hangs tough, bets on cuts fade fast, and money moves out of the industrial-linked shares.

RS Group’s update lands May 20, and investors want clues—anything on how customer destocking is playing out, what’s happening with pricing, and whether demand is holding up across its various regions.