Investment banks expect UK borrowing costs to fall further in 2026
Gilts will outshine global peers, helped by BoE rate cuts, Wall Street lenders predict
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Leaders brace for ‘three-shirt’ summit to push through Ukraine loan
Also in this newsletter: Portuguese top court shields migrants’ citizenship rights
Coal demand reaches new annual record as US output rises
IEA forecasts a decline in years to 2030 despite ‘many uncertainties’
The Shell-BP deal that wasn’t
Plus, George Osborne joins OpenAI and multinationals seek private equity partners in China
The worried investor’s guide to 2026
While markets were buoyant this year, volatility is never far away