BoE Governor Bailey says we must be mindful of risks of private credit
BoE Governor Bailey's comments on the risks of private credit highlight growing concerns about the health of the financial system, which could reflect a more cautious stance from the central bank.
Iranian Provincial Authorities say the sounds in Qeshm Island were due to confronting drones, with no explosion or damage incurred, SNN reports
Angela Rayner is preparing to deliver a post-poll verdict as speculation over PM Starmer's future mounts, the FT reports
BoE Governor Bailey says we must be mindful of risks of private credit
Santander (SAN SM) is preparing to drop the TSB brand and run the combined business as Santander UK once the two lenders have been integrated, FT reports citing sources
US Envoy to India says Indian companies plan to invest over USD 20.5bln in the US tech, manufacturing and pharmaceuticals
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This dovish tone might influence rate expectations, particularly if financial stability issues are perceived to limit the BoE's ability to tighten policy. Traders should monitor how this message resonates across GBP and fixed income markets, as it may signal a shift in the interest rate outlook.
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