# Sterling little changed before UK inflation data, budget still in focus | Reuters

> London stocks fell and gilt yields rose after reports that the UK government had dropped plans for income tax rises in the upcoming budget. Sterling was little changed ahead of UK inflation data.

- Date: 2025-11-18 · published 2025-11-18T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/22192-sterling-little-changed-before-uk-inflation-data-budget-still-in-focus-reuters
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Fiscal uncertainty and higher gilt yields pressure sterling and UK financial conditions, with limited direct effect on feed commodity prices.

## Read by commodity

- GBPUSD: neutral

## Sources

- reuters.com: https://www.reuters.com/world/uk/sterling-little-changed-before-uk-inflation-data-budget-still-focus-2025-11-18/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.