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China's economy has entered the second half of 2026 with considerably weaker momentum than policymakers and investors had hoped.
China's economy is showing increasingly visible signs of losing momentum as weak domestic consumption, a prolonged property downturn and slowing industrial activity combine to create a more challenging growth environment.
Brent crude has moved above $91 a barrel as geopolitical tensions in the Middle East intensify and investors reassess the security of global energy supplies.
The US dollar is under pressure as investors reassess the outlook for Federal ReserveMonetary Policyand the relative strength of the American economy.
The expiration of the fragile US-Iran ceasefire has pushed geopolitics back to the centre of global financial markets.
Government debt has moved back to the centre of the global financial-market debate as long-term borrowing costs rise across several major economies.
The UK government has launched a significant review into the potential economic and security consequences of losing access to the world's most advanced artificial intelligence models.
Britain's defence strategy is moving higher up the political agenda as the government faces a more complicated international security environment and growing expectations around military preparedness.
Local government finances are becoming an increasingly important part of Britain's wider public-spending debate.
The NHS remains one of Britain's most politically important institutions, and pressure on the health service continues to create a major challenge for the government.
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