The MPC votes June 18. May CPI lands June 17. With Ofgem's +13% energy cap reset locked in for July 2026, a CPI upside surprise would force the 2-year gilt to reprice the cut probability in a single overnight session.
Halifax data highlight a split in Britain’s housing market, with significant real house price falls in London and the South East while Northern Ireland, Scotland and the North outperform. Source
