Trump is considering offering a US security guarantee in an effort to foster negotiations and encourage a resolution, with European leaders reinforcing their support and Kyiv’s allies urging further commitments to ensure lasting stability.
Zelenskyy and European leaders are seeking concrete security assurances from Trump, as they push for stronger international commitments and practical measures to safeguard their interests.
The Treasury is seeking to find tax reforms worth billions to drive economic growth, amid warnings that failure to do so could worsen existing financial difficulties and put the government’s fiscal plans at risk.
Recent data on the reformed non-dom tax regime has alleviated concerns of a significant exodus of wealthy individuals, with figures indicating only a modest departure and supporting the government’s revenue-raising strategy.
The US president has warned of serious repercussions if a major adversary does not agree to proposed conditions at an upcoming summit, with strong backing and coordinated support from European leaders and the PM.
European nations are significantly increasing arms production and developing new military facilities at an accelerated rate, in direct response to shifting threats and a rapidly changing security environment, highlighting a major rearmament initiative.
Donald Trump proposes easing export controls so Nvidia can sell its most advanced AI chips to China, provided Washington takes 15 per cent of revenues and companies obtain special licences, potentially boosting US chipmakers’ earnings while heightening geopolitical anxiety over cutting-edge technology transfers.
European leaders are urging the US to increase sanctions before any high-level negotiations, as Western allies coordinate policy and demands for greater commitments from Washington.
The US administration acted to address confusion in the gold market caused by the sudden imposition of tariffs, prompting sharp rises in futures and uncertainty over bullion trading rules.
The BoE trimmed Bank Rate by a quarter point to 4%, yet a divided MPC and Governor Bailey’s caution over persistent inflation and fragile growth prompted investors to temper expectations of further reductions.