Cabinet loyalists have turned on UK PM Starmer in a growing backlash over his handling of the Mandelson scandal, with a senior Government source telling the Telegraph that the wheels have stopped turning in No. 10 and that there is a sense that it is over
The reported backlash against PM Starmer from his cabinet suggests increasing internal strife, which could destabilize his leadership.
White House Economic Advisor Hassett says inflation is very much declining at the core level and that falling inflation should help the Fed normalise rates, can imagine rate cuts alongside reducing balance sheet
The US military intercepts at least 3 Iranian oil tankers in Asian waters and are redirecting the tankers, according to shipping and security sources
Cabinet loyalists have turned on UK PM Starmer in a growing backlash over his handling of the Mandelson scandal, with a senior Government source telling the Telegraph that the wheels have stopped turning in No. 10 and that there is a sense that it is over
Newsquawk US Market Wrap - 22nd April 2026: Stocks bid on ceasefire extension, but oil climbs as uncertainty remains
The Trump administration is exploring ways to reset ties Eritrea along the Red Sea coast line amid US/Iran war, via WSJ
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If this sentiment gains traction, it may lead to political uncertainty in the UK, impacting markets and encouraging cautious positioning in GBP and UK assets.
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