LSE:WEIR

UK Stock Market Today: FTSE 100 Jumps as BoE Hold, Rolls-Royce and Glencore Drive London Rally
········

UK Stock Market Today: FTSE 100 Jumps as BoE Hold, Rolls-Royce and Glencore Drive London Rally

The FTSE 100 rose 1.6% to 10,378.82 after the Bank of England kept rates at 3.75%, while the FTSE 250 gained 1.2%. Rolls-Royce surged 7.6% on steady profit guidance; United Utilities hit a record after raising its investment plan. Glencore reported a 19% rise in copper output. Weir Group declined after a drop in orders and a CEO change.
April 30, 2026

Stock Market Today

  • UK Gilt Yields Fall Amid Political Stability and Eased Rate Hike Concerns
    May 26, 2026, 9:28 AM EDT. U.K. gilt yields declined to five-week lows as investor worries about political instability eased following Labour's local election setbacks. The 10-year gilt yield dropped to 4.85%, down about 30 basis points, reflecting reduced expectations for interest rate hikes. Prime Minister Keir Starmer, though challenged by potential rivals including Andy Burnham, remains in charge, calming markets concerned about fiscal policy shifts. Additionally, optimism surrounding a possible U.S.-Iran peace deal and the reopening of the Strait of Hormuz has eased inflation fears, further reducing yield pressures. Analysts at Pantheon Macroeconomics noted that investors are discounting weak economic data and now anticipate fewer rate increases in 2026, driving the largest weekly drop in gilt yields since late 2023.