The i Newspaper reports that PM Sir Keir Starmer could pull a controversial piece of legislation intended to save the gov't GBP5bln/year by 2030 by cutting a disability benefit, the Personal Independence Payment (PIP). This comes in the face of a growing rebellion among MPs from Starmer's centre-left Labour party, with over 120 putting their names to a 'reasoned amendment' that, if passed, would scupper the gov'ts reform plans.
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Iran would be able to survive if negotiations with the US over its nuclear programme failed to secure a deal, President Masoud Pezeshkian said May 26.
OI data points to a mix of short setting and long cover in the SOFR whites on Friday, before a combination of net long setting and short cover came to the fore further out the strip.
| 23-May-25 | 22-May-25 | Daily OI Change |
| Daily OI Change In Packs |
SFRH5 | 1,070,469 | 1,075,199 | -4,730 | Whites | +15,066 |
SFRM5 | 1,364,253 | 1,324,474 | +39,779 | Reds | -34,748 |
SFRU5 | 1,097,821 | 1,096,261 | +1,560 | Greens | -11,668 |
SFRZ5 | 1,049,549 | 1,071,092 | -21,543 | Blues | +25,101 |
SFRH6 | 764,236 | 763,461 | +775 |
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SFRM6 | 730,060 | 721,150 | +8,910 |
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SFRU6 | 736,714 | 758,393 | -21,679 |
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SFRZ6 | 847,770 | 870,524 | -22,754 |
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SFRH7 | 683,982 | 701,982 | -18,000 |
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SFRM7 | 584,225 | 592,082 | -7,857 |
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SFRU7 | 412,221 | 394,769 | +17,452 |
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SFRZ7 | 409,664 | 412,927 | -3,263 |
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SFRH8 | 288,725 | 271,642 | +17,083 |
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SFRM8 | 201,997 | 199,241 | +2,756 |
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SFRU8 | 152,216 | 153,039 | -823 |
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SFRZ8 | 175,023 | 168,938 | +6,085 |
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