Sky News reports that several leading banks have urged UK Chancellor Reeves to sanction a "fivefold increase in the maximum loan size available under the Growth Guarantee Scheme", which would help unlock GBP 4bln in additional lending

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Former BoJ Board Member Sakurai says BoJ will likely raise rates in June, Bloomberg reports

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Sky News reports that several leading banks have urged UK Chancellor Reeves to sanction a "fivefold increase in the maximum loan size available under the Growth Guarantee Scheme", which would help unlock GBP 4bln in additional lending

Swedish GDP Growth Rate YoY Final (Q1) Y/Y 2% vs. Exp. 1.6% (Prev. 1.8%)

Norwegian Registered Jobless Rate (May) 1.90% vs. Exp. 2.1% (Prev. 2.1%)

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  • One argued that the plan "could materially improve access to finance for UK businesses and support investment, productivity and regional growth".

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