Facing sluggish growth and rising borrowing costs, the UK is set to increase its government bond issuance. A Reuters poll estimates around £304 billion in bonds will be issued, surpassing the current mandate of £296.9 billion. This would be the second-highest issuance on record, following the pandemic-driven borrowing in 2020/21.
CROFAM SOCIAL NETWORK
President Trump announced that the U.S. is engaged in trade negotiations with China, aiming to resolve ongoing tariff disputes. While details remain scarce, the discussions follow the imposition of significant tariffs by both nations, which have strained economic relations and impacted global markets.