Caroline Hepker

Their disclosure comes after a previous Anthropic product launch sparked a major sell-off.

Britain's Reform UK says that it plans to overhaul the Bank of England and the government's budget watchdog if it wins the next general election.

In a speech later today, newly appointed Treasury spokesman Robert Jenrick is expected to say that the Office for Budget Responsibility needs more diversity of opinion when making economic forecasts.

The Bank of England is also criticised for having green targets in addition to its focus on inflation.

Here's Reform's business spokesman Richard Tice.

Reforms Richard Tice there.

In an interview with Bloomberg in January, reforms leader Nigel Farage had vowed to, quote, challenge every single tenant of UK economic policy.

And those are our top stories for you this morning.

So in terms of the markets this hour, so we're thinking about the rotation that continued in stock markets yesterday.

in the U.S.

It looked as if little had changed by the end of the day.

But in fact, there were significant moves under the hood.

NASDAQ futures this morning are up by a quarter of 1%.

U.S.

stocks, 50 futures, also gaining three-tenths of 1%.

Very thin holiday trading in Asia, but Japanese stocks extending gains

The pound was hit hard yesterday.

The dollar this morning is strengthening against all currency majors.

The blue big dollar spot index up a tenth of 1%.

Fed officials saying that AI productivity and the boost that that could bring could raise the neutral rate in terms of 10-year treasury yields this hour.