Citigroup expects the Bank of England to raise interest rates by 25 basis points each in the fourth quarter of 2026 and the first quarter of 2027, respectively. Previously, Citi predicted that interest rates would remain unchanged until the second quarter of 2027.

Citigroup expects the Bank of England to raise interest rates by 25 basis points each in the fourth quarter of 2026 and the first quarter of 2027, respectively. Previously, Citi predicted that interest rates would remain unchanged until the second quarter of 2027.