Come what may, it wouldn’t be the most surprising thing to see some exemptions or delays being made in the weeks ahead. That will likely come from several rounds of negotiations after the announcement from Trump tomorrow, first and foremost. But we’ll see.
Staying on the UK, Goldman Sachs just said that it is cutting its UK 2025 GDP growth projection to 0.8%. It’s a marginal shift with the firm having forecast the UK economy to grow by 0.9% previously.