United Kingdom
UK inflation points to a rate cut later this summer
Headline inflation slowed to 2.3% in April and core inflation slowed from 4.2% to 3.9%
United KingdomAI Seoul Summit promises modest collaboration
The AI Summit, jointly hosted by the South Korean and UK governments, began in Seoul today
InternationalEU and UK rules on financial trading will diverge
As risks rise, EU and UK legislation on derivatives trading and alternative investment funds is also expanding
InternationalA UK rate cut this summer is growing more likely
The Bank of England left rates on hold as widely expected but one more member than last month voted for a cut
United KingdomLocal elections compound UK ruling party’s woes
The Conservative Party lost around half of its council seats in last week’s local elections
United KingdomRussian nuclear intimidation will continue
Russia announced it is conducting nuclear drills in response to alleged UK-French threats of escalation
RussiaLondon will face pressure to harden its China stance
London believes China is responsible for several cyber attacks and espionage incidents in recent months
United KingdomGlobal AI regulations will diverge
Most policymakers agree that AI needs regulating, but key AI players are taking highly divergent approaches
International
