St James's Place says UK budget leaves gilt market largely unmoved
- The UK's 2026 Autumn Budget delivered a broadly neutral fiscal package, with no major surprises or immediate implications for the Bank of England.
- Gilt markets barely reacted to £15 billion in fiscal headroom for 2029-30, broadly matching expectations despite elevated geopolitical risks.
- High inflation and near-term fiscal support are likely to support higher interest rates in coming months despite weaker growth expectations.
- The Office for Budget Responsibility cut its 2027 UK growth forecast to 1% from 1.6%.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. St James's Place Group plc published the original content used to generate this news brief on October 28, 2026, and is solely responsible for the information contained therein.