Cryptouk

UK Chancellor of the Exchequer Rachel Reeves is set to announce a package of measures, dubbed "Great British Summer Savings," in an effort to ease cost-of-living pressures made worse by the Iran war. Bloomberg's James Woolcock reports.

UK inflation fell to its lowest rate in more than a year, prompting traders to bet on fewer Bank of England interest-rate hikes even though economists expect price pressures to return. Bloomberg's Sam Unsted reports.

Standard Chartered said it plans to eliminate thousands of support roles over the next four years, joining the ranks of global lenders using artificial intelligence to trim headcount. "It's not about cost cutting," Chief Executive Officer Bill Winters said at a press briefing in Hong Kong. "It's about having a structurally more productive environment that is fit for future." Bloomberg's Tom Metcalf reports.

Bob Diamond, founding partner and CEO of Atlas Merchant Capital, discusses the emerging trend of tokenized real-world assets. Speaking with Bloomberg's Caroline Hyde on "Bloomberg Markets," Diamond also comments on the recent UK political turmoil, the outlook for Middle East markets and the Senate Banking Committee advancing the so-called Clarity Act that would establish the CFTC as the primary regulator for large parts of the crypto industry.

A shakeup in United Kingdom politics. Labour Member of Parliament Josh Simons will be stepping down, clearing the way for Greater Manchester Mayor Andy Burnham to return to Parliament and then seek the prime minister's job. This raises the stake for Prime Minister Keir Starmer who is fighting to keep his job. Bloomberg's Lizzy Burden has the latest.

Panmure Liberum economist Simon French discusses the UK economy and the political crisis surrounding Prime Minister Keir Starmer. Gross domestic product grew 0.6% in the first quarter, a jump from the 0.2% in the previous three months and the fastest expansion for a year. French speaks on Bloomberg Television.

Jamie Dimon warns the UK that any move to hike taxes on banks in the event Keir Starmer is replaced as the UK's prime minster would see JPMorgan scrap plans to invest billions in a new London headquarters in Canary Wharf. He speaks with Francine Lacqua on "Bloomberg Open Interest."

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said fixing "stupid" trade issues between the US and Europe would pave the way for better growth. He also says the US would benefit from a stronger NATO. He speaks to Bloomberg's Francine Lacqua at the bank's annual Global Markets Conference in Paris.

UK government bonds fell as a growing number of Labour Party lawmakers called on their leader, Prime Minister Keir Starmer, to step down following large losses in local elections last week. Bloomberg's Ven Ram breaks down the situation.

Jane Foley, head of FX strategy at Rabobank, discusses the outlook for gilt markets as UK Prime Minister attempts to persuade the Labour Party that he is the right person to lead it following last week's heavy losses in local election results.