
Global buyers kept pressure on UK assets this week. Energy, aerospace, and logistics sectors drew inbound interest, while regulators moved to scrutinise the world’s biggest ad merger. From Wincanton to Ricardo, cross-border momentum remains high despite tighter oversight.

Government borrowing rose to £17.7bn in May. This marked the second-highest May figure in over three decades, exceeding expectations and reigniting debate over the UK’s fiscal path. While tax receipts continue to climb, the persistent deficit and pressure to fund public services suggest the Chancellor may soon face difficult decisions on taxation.

Federal Reserve pauses again amid economic pressure. The US central bank held its benchmark rate steady for a fourth time, as policymakers warned of inflationary pressure from rising tariffs and signalled a slower path to future rate cuts.

Disney and Universal have filed a landmark lawsuit against AI image generator Midjourney, accusing the San Francisco-based company of large-scale copyright infringement and calling its tools a “bottomless pit of plagiarism”. Read more: Disney and Universal sue AI firm Midjourney over ‘bottomless pit of plagiarism’