UK OBR forecasts imply headroom of GBP 23.6bln vs. Exp. 20-25bln (prev. 21.7bln)
The UK Office for Budget Responsibility (OBR) forecasts indicating a headroom of GBP 23.6 billion, slightly above expectations, suggest a more favorable fiscal outlook than previously anticipated.
UK DMO Remit: 2026/27 Gilt issuance of GBP 252.1bln (exp. c. 250bln, prev. 303.7bln)
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UK OBR forecasts imply headroom of GBP 23.6bln vs. Exp. 20-25bln (prev. 21.7bln)
Iran is open to talks but will not compromise on dignity, according to a representative of Khamenei
Ukraine's Energy Minister says the Druzhba oil pipeline was severely damaged as a result of a fire after the Russian strike
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This could have implications for government spending and monetary policy, potentially influencing GBP strength and market sentiment as it signals fiscal flexibility amidst ongoing economic uncertainties.
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