Mail on Sunday's Hodges hears from UK MPs that leadership candidates are considering making an early statement that Chancellor Reeves would actually be retained as Chancellor to secure market stability in the event of a longer leadership contest

The potential early announcement regarding Chancellor Reeves's retention amid a leadership contest suggests an attempt to ensure market stability, which could mitigate uncertainty in the UK economy.

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Mail on Sunday's Hodges hears from UK MPs that leadership candidates are considering making an early statement that Chancellor Reeves would actually be retained as Chancellor to secure market stability in the event of a longer leadership contest

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Iranian Foreign Minister Araghchi says although Iranian forces are ready to "deliver a crushing and devastating response to foreign aggressors", "We do not seek war", remarks made at BRICS summit

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This could bolster confidence in the GBP and affect risk sentiment broadly, influencing the forex and commodities markets as investors assess the implications for monetary policy and fiscal stability.

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