For all the political difficulties inherent in President Trump’s state visit , the deluge of high-profile deals accompanying it was enough to put a spring into even the most care-worn chancellor’s step, said Reuters . Before Trump and his entourage of tech bros sat down to dinner at Windsor Castle, Rachel Reeves and the US Treasury Secretary, Scott Bessent, had already announced a “transatlantic taskforce” to deepen links between the City and Wall Street.

Taking some of the sting out of “a challenging Budget in November”, is news that Blackstone, the giant US alternative asset manager, could invest £100bn over the next decade, said Kalyeena Makortoff in The Guardian . Bank of America, meanwhile, will create up to 1,000 new jobs in Belfast.

Sod’s law, said The Times , that the ban

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