Just worth recapping a couple of stories from....>

UK: Just worth recapping a couple of stories from our European Open:

- Chancellor Rishi Sunak is preparing to offer 100 per cent guarantees on loans

to Britain's smallest businesses, after sustained pressure from Conservative MPs

and the Bank of England. (FT)

- https://www.ft.com/content/be371033-0a75-4340-a2f6-b4d4d952d479

- Britain's government bond market should be able to handle easily a newly

announced, unprecedented slew of sales planned for the next three months, the

head of the country's Debt Management Office (DMO) said on Thursday. The debt

agency had announced earlier that it would issue 180 billion pounds ($222

billion) of bonds in May, June and July, more than it had recently pencilled in

for the entire 2020/21 fiscal year, as it rushes to fund a surge in public

spending to soften the impact of the coronavirus pandemic. DMO Chief Executive

Robert Stheeman told Reuters he was "genuinely confident" the market would snap

up the glut of government bonds, known as gilts. (RTRS, released around 16:30

BST yesterday)

- https://tinyurl.com/ycb6lq4d