A note shows No. 10 told UK PM Starmer to wait for clearances before appointing Mandelson, but he ignored the advice, Politico reports
This report suggests internal tensions within the UK's political sphere, particularly concerning the appointment of Peter Mandelson.
Iran maintains more military capabilities than the White House or Pentagon publicly admitted, according to CBS citing multiple US officials
The Justice Department is preparing to solicit applications for up to USD 3.5bln in grants to pay for mostly immigration-related law enforcement programs, equipment and personnel, multiple sources familiar with the plans told CBS News.
A note shows No. 10 told UK PM Starmer to wait for clearances before appointing Mandelson, but he ignored the advice, Politico reports
US sells 17-week bills at a high rate of 3.610%, B/C 3.02x
Black Sea CPC blend oil exports set at 1.8mln BPD for May (vs. 1.65mln BPD in April plan), according to reports
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The adviser’s caution indicates potential governance challenges ahead, which may create uncertainty in the market, especially around UK policy direction. Traders should watch for implications on risk sentiment and the broader political stability in the UK, as these factors can impact GBP and UK assets.
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