1512 GMT - Investors appear to overestimate the Bank of England's interest rate rises over the coming year, UBS's Mark Haefele says in a note. Markets expect the BOE to raise interest rates by a total of 101 basis points by November 2027, LSEG data show. "The latest underlying inflation data support our view that markets are pricing longer tightening cycles than are likely to be delivered," Haefele says. UBS expects the BOE to raise interest rates by a quarter-point, each, in November and in February 2027.