Prime Minister Starmer has agreed to the UK joining a £78 billion loan package to support Ukraine.

Switzerland and the United Kingdom agreed an updated free trade agreement, aiming to deepen economic ties between the two largest non‑EU West European economies. Negotiations, launched more than three years ago, were declared concluded and the accord was signed in Bern on Monday by UK Business and Trade Secretary Peter Kyle and Swiss Federal President and Minister of Economic Affairs Guy Parmelin. The pact builds on a 2023 financial services agreement and targets easier cross‑border operations for financial, technology, pharmaceutical and legal services through improved market access, reduced administrative barriers, strengthened data sharing and measures to facilitate labor mobility. The UK said bilateral trade exceeded £50bn last year (~$67bn), with roughly £30bn in goods. Officials estimate services trade could expand by about £5.2bn annually over the long term under the agreement.

China's ChiNext Index fell as much as 1% intraday; Shenzhen Component Index down 1.39%; Shanghai Composite Index down 0.74%.