MNI Gilt Week Ahead - 20 October 2025

For the full document click here.

• It will be another busy week for UK data next week with fiscal data due for release on Tuesday, CPI on Wednesday and retail sales and flash PMI data due on Friday. Note that these will be the last releases of these data to be included in both the November MPR and the OBR's forecasts for the Budget.
• We look at the weekend's fiscal news and the impact on CPI that different changes to energy taxation could have.
• We also look back at last week's main MPC comments and ahead to this week.
• The full document also includes supply previews for the week ahead, balance sheet and repo operations trackers, a UK-focused calendar and a summary of gilt operations and the DMO's issuance plans.