Today’s UK tariff update contained no new trade measures, and no previously announced changes took effect, marking a quiet start to the business week following last week's major technical updates.

What to watch

After a quiet weekend and start to the new business week, attention remains on the timing of the next substantive tariff updates from UK authorities. Last week saw significant, highly technical nomenclature changes for electrical machinery and steel, and the market will be watching for any further administrative adjustments or new policy measures in the coming days.