According to a survey by RICS, the UK housing market stagnated in January due to rising government borrowing costs, with both housing demand and sales remaining steady compared to December. The survey attributed the plateau to a recent surge in gilt yields, causing potential buyers to hold off on deals amid financial market volatility. Despite a near-identical level of buyer interest, the number of agreed sales only saw a slight increase, with RICS’ head of market analytics linking the slowdown to turbulence in money markets at the start of the year.
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The EU doesn’t need a deal with Trump
Ursula von der Leyen is meeting Donald Trump in Scotland to discuss trade as tariff deadlines approach, drawing insights from her recent summits with Japan and China. The article argues that the EU should not concede to US pressures, highlighting the unpredictable nature of Trump's negotiations and suggesting that both the US and EU have more to lose than appears. Want More Context? 🔎
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