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Reeves faces ‘significant challenges’ from trade war and tight headroom, warns IMF
Fund calls on UK to consider charging high-income users for access to NHS amid ‘tough fiscal choices’
VW pledges ‘huge’ US investments as it seeks separate trade deal with Trump
German auto group lowers return-on-sales estimate after taking €1.3bn tariff hit
Nvidia AI chips worth $1bn smuggled to China after Trump export controls
Roaring black market for US semiconductors operates despite efforts to curb Beijing’s high-tech ambitions
FirstFT: Trump adds to pressure on Powell with highly unusual Fed visit
Also in today’s newsletter, Chinese investors flock to HK and the stock market’s extraordinary year
Starmer to press Trump over deal to cut tariffs on UK steel imports
Prime minister will also make the case for closer ties as US president visits golf courses in Scotland
UK households prioritise saving more than at any point since 2008 crash, survey finds
Results reflect concerns over tax rises in the autumn and impact of inflation, analysts say
Whitepapers / Articles
A View from the Bridge - May 2024
The Bank of England were not expected to move policy rates at today’s meeting so the focus for markets was on the updated quarterly forecasts for growth and inflation along with the accompanying minutes of the two-day policy meeting.
PegasusCapital - 24/05/2024