Shop price inflation in Britain accelerated to 2.1% in October from 1.4% in September. Long-life food is rising fastest, by 3.2%. Retailers at the BRC are urging the Chancellor to cut business costs in Wednesday’s Budget, or prices will keep going up.
The FTSE 100 rose 0.7% on Monday as investors await Wednesday’s Budget and the Bank of England’s decision. After inflation climbed to 3.5%, markets are almost fully pricing in a rate rise from 3.75% to 4% on 5 November. That matters for mortgages and for businesses with working-capital loans.
The GfK consumer confidence index fell by 11 points in October, to -24. People are putting off big purchases and saving more.
UK CPI inflation rose to 3.5% in September 2026 from 3.1% in August. It is the highest since October 2025. Petrol and diesel prices are the main reason.
Tomorrow company insolvency data, on Wednesday inflation, on 28 October the Budget, on 5 November the Bank of England decision. We have gathered in one place the dates that could change costs for Polish businesses in the UK and Poland in the coming weeks.
UK inflation is rising again, mainly because of fuel prices. The market is wondering whether the Bank of England will raise rates at its next meeting.
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