The Bank of England has halved its growth outlook, triggering a rate cut that boosts the FTSE 100 to record levels, while sterling slides and concerns of economic stagnation pose a setback for Reeves.

Trump’s plan for Gaza draws global condemnation from Western allies, causing outrage among Arabs and Europeans and sparking fears for the West Bank.

China aims to gain leverage in talks with the Trump administration by recommencing probes into major US technology firms, prompting cautious scrutiny from Western governments.

Following discussions between Sheinbaum and Trump, tariffs on Mexican goods have been temporarily suspended, leading to a rebound in market confidence and easing tension regarding border policy.