Developing story — details emerging. Check the source link for the latest updates.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/live-blog/2026-10-16/ftse-100-live-updates-pound-bonds-gilts-fed-warsh-boe-bailey-eurozone-inflation-what-s-moving-uk-markets-right-now-markets-today-mvaju0t0)