LONDON: Rail and postal workers have suspended strike action, the Bank of England has postponed its next interest-rate decision, and the government might delay an emergency budget. Even the pound halted its decline.
The United Kingdom has hit pause following the death of Queen Elizabeth II on Thursday as an official 10-day mourning period starts. For now, national attention is focused on the state funeral and tributes to the life and service of the 96-year-old monarch rather than inflation and the parlous state of the economy.
