BoE Agents' summary signals UK business conditions update

Bank of England published its July 2026 Agents' summary of business conditions based on discussions with UK businesses.

The BoE Agents' summary provides qualitative intelligence on UK business sentiment, pricing, employment and investment. It informs the MPC's view of macro conditions and offers early signals on sectoral stress relevant to lending portfolios.

Directly informs UK macro outlook, credit provisioning assumptions and sector risk appetite calibration.

Agents' intelligence is a leading indicator used to calibrate credit and macro risk models across UK-exposed portfolios.

“We regularly publish a summary of business conditions based on our Agency network's discussions with many businesses from across the UK every reporting period.”