Market Stability
29 Acute
- 7d ▲ +1.6 better
- 30d ▼ -8.9 worse
Driven by 10-year gilt yieldUK 10-year nominal zero-coupon gilt yield (BoE IUDMNZC, daily close).: 5.38%.
Long view
last 90 days
Headline Tightrope Score over the selected range, annotated with the events that moved it. Below, the four pillars name their dominant indicators today.
Fiscal 21 Aug 2026
July borrowing prints at £1.8bn
Public sector net borrowing is £1.8 billion in July 2026, £0.7 billion more than a year earlier and £2.3 billion above the OBR's monthly …
Fiscal 19 Aug 2026
July CPI rises to 2.9% as the energy-price cap steps up
Headline CPI inflation is 2.9% in the year to July, up from 2.6% in June. ONS attributes the pickup to a sharp rise in gas prices followi…
Market 5 Aug 2026
UK services PMI returns to expansion at 52.1
The S&P Global UK Services PMI Business Activity Index final print for July is 52.1, revised up from a 51.8 flash and recovering from 48.…
Monetary 30 Jul 2026
Bank of England holds Bank Rate at 3.75%, vote splits 6–3
The Monetary Policy Committee votes 6–3 to maintain Bank Rate at 3.75%, with three members preferring a quarter-point rise to 4%. The acc…
Source: Bank of England, July 2026 MPC ↗
Market 23 Jul 2026
GfK consumer confidence jumps six points to -17
The GfK Consumer Confidence Index rises to -17 in July from -23 in June, the largest monthly gain since November 2023. The survey ran 1-1…
Political 20 Jul 2026
Andy Burnham appointed Prime Minister
Andy Burnham is invited by King Charles III to form a government, succeeding Keir Starmer, after an unopposed Labour leadership election …
Geopolitical 8 Jul 2026
Renewed US–Iran tensions push gilts to a four-week high
Fresh US strikes and a declaration that the ceasefire is over send crude to two-week highs and reignite imported-inflation fears. The 10-…
Political 8 Jul 2026
Nigel Farage resigns his Commons seat via the Manor of Northstead
The Chancellor of the Exchequer appoints Nigel Paul Farage as Steward and Bailiff of the Manor of Northstead — the procedural mechanism b…
Drivers
key drivers, by pillar
Each card names the indicator currently doing the heaviest lifting inside its pillar.
Fiscal Room
60 Strained
- 7d — 0.0
- 30d ▼ -2.4 worse
Driven by Current-budget headroom (forecast)OBR forecast: surplus against the stability rule at the FY 2029/30 target year. Updated on each OBR EFO (twice-yearly).: GBP 23.6bn.
Labour & Living-Standards Resilience
51 Strained
- 7d — 0.0
- 30d — 0.0
Driven by Economic inactivity rate, 16-64Share of 16-64 population neither in work nor looking for work.: 20.9%.
Growth Delivery
40 Acute
- 7d — 0.0
- 30d — 0.0
Driven by Planning consents vs. baselineQuarterly residential planning-decisions-granted as a % of a self-declared estimated 2019 pre-COVID quarterly baseline of 11,500. The denominator is an estimate — archived MHCLG PDFs can tighten it; the caveat is intentional and surfaced here.: 58.3%.