File: D:/hMailServer/Data/hyperflight.co.uk/sales/A8/{A89BAB33-BE06-4331-B763-EE6781FC1EA5}.eml
Return-Path: hsbc.research@hsbcib.com
Delivered-To: SALES@HYPERFLIGHT.CO.UK
Received: from mta29.mail.hsbc.co.uk (nwmailserver.hsbc.co.uk [91.214.7.40])
by mail.itpartnership.com with ESMTPS
(version=TLSv1.2 cipher=ECDHE-RSA-AES256-GCM-SHA384 bits=256)
; Wed, 8 Jul 2026 17:13:26 +0100
Received: from pps.filterd (gbv00846.hbeu.adroot.hsbc [127.0.0.1])
by gbv00846.hbeu.adroot.hsbc (8.18.1.7/8.18.1.7) with ESMTP id 668GAdPp030632
for <SALES@HYPERFLIGHT.CO.UK>; Wed, 8 Jul 2026 16:13:25 GMT
DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=hsbcib.com; h=
content-type:date:from:message-id:mime-version:reply-to:subject
:to; s=alpha003; bh=UgkpHCuY4ko2nmRzXBh09qg+QNwAK8T3LdR0uO28sFg=; b=
QO7RV35kAklXDzQXOq5r7RATGwgWweIXSfja+zRYbty6VlPfhi7to8EplMjW0LJl
RriPm5rfO9s9WN7ozwxc9oTEIRwAHh+85u3iRJl1q0XS4sjBdhC8s8wU3tFR/5IT
VMmPXWLr0e8E7FWnee/RFRQHmRDHeU1CCOBGGLoe10vW7WA8IsnsugOMaBAlGo8J
I6Usyq++rzr2FcvDkq8Ta6+Iwli39+XD5N+r6MDRwkFL64BaTUL+bUSHuHsCb/ZN
/i3l6PRI3d9wg0tT4USMj/ptrvaPcA4+OzMEj1ci4dEmCkOfCXjVyv2qPuHTLzAx
HJGVN6qzYIlbQzJCKvEAFA==
DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=hsbcib.com; h=
content-type:date:from:message-id:mime-version:reply-to:subject
:to; s=uk4-03102021; bh=UgkpHCuY4ko2nmRzXBh09qg+QNwAK8T3LdR0uO28
sFg=; b=ApCx7pvpzCNuQxATMVb+WUcGFIaNm0M+Xj5wO26qtzMvDDTySX5dh739
OquOtQQZS8p3VZVzfyLsTXmoFvVm5xFyI7XKoQvaxJuntTRewcG5Xre54ZpwXkAc
QX5X6PCXc3Hdtpj1ixYNgInhF68wCaFZk0RW7aYUVnrq7d1BP6/LT3P89HmIL102
oClaj62mjxo3mld1ewlNPNapIVH4cJi3gxRcj5uLLRLUBZtmN/YtwK/iclFnGdvH
/LQ8DkZ8VlMdBc7VPA/uXRjY6Svwg2vPqa3wdlO18Up17O60kOGGbJw5Pa4/7E4j
Pp/LvGeApNJXeXUSjzylfl57GVU71A==
Received: from gbw25066526.adres.hsbc (GBWDC300AD402-403-v426-FIP.systems.uk.hsbc [10.203.133.132])
by gbv00846.hbeu.adroot.hsbc (PPS) with ESMTPS id 4f70uf8tdk-9
(version=TLSv1.2 cipher=ECDHE-RSA-AES256-SHA384 bits=256 verify=FAIL)
for <SALES@HYPERFLIGHT.CO.UK>; Wed, 08 Jul 2026 16:13:25 +0000 (GMT)
Date: Wed, 8 Jul 2026 17:13:18 +0100
From: "Emma Wilks (HSBC Research)" <HSBC.Research@hsbcib.com>
Reply-To: Emma Wilks <emma.wilks@hsbc.com>
To: <SALES@HYPERFLIGHT.CO.UK>
Message-ID: <1257944995.1590504.1783527198946@kvm-gbl25209359-scamps-email-scheduler-cluster-research>
Subject: UK in Focus : Essential UK economic news for businesses
MIME-Version: 1.0
Content-Type: multipart/mixed;
boundary="----=_Part_1590497_467220893.1783527198912"
------=_Part_1590497_467220893.1783527198912
Content-Type: multipart/alternative;
boundary="----=_Part_1590495_148632740.1783527198895"
------=_Part_1590495_148632740.1783527198895
Content-Type: text/plain; charset="UTF-8"
Content-Transfer-Encoding: 8bit
This is the alternative text of html email body
______________________________________________________________________
-SAVE PAPER - THINK BEFORE YOU PRINT!
This E-mail is confidential.
It may also be legally privileged. If you are not the addressee you may not copy,
forward, disclose or use any part of it. If you have received this message in error,
please delete it and all copies from your system and notify the sender immediately by
return E-mail.
Internet communications cannot be guaranteed to be timely secure, error or virus-free.
The sender does not accept liability for any errors or omissions.
------=_Part_1590495_148632740.1783527198895
Content-Transfer-Encoding: quoted-printable
Content-Type: text/html; charset="UTF-8"
<!doctype html>
<html lang=3D"en" dir=3D"ltr" xmlns=3D"http://www.w3.org/1999/html">
<head>
<meta http-equiv=3D"Content-Type" content=3D"text/html; charset=3Dutf-8">
<meta charset=3D"utf-8">
<meta http-equiv=3D"X-UA-Compatible" content=3D"IE=3Dedge">
<meta name=3D"viewport" content=3D"width=3Ddevice-width, initial-scale=3D=
1, user-scalable=3Dyes">
<meta name=3D"format-detection" content=3D"telephone=3Dno, date=3Dno, add=
ress=3Dno, email=3Dno, url=3Dno">
<meta name=3D"x-apple-disable-message-reformatting">
<meta name=3D"color-scheme" content=3D"light">
<meta name=3D"supported-color-schemes" content=3D"light">
<title>UK in Focus : Essential UK economic news for businesses</title>
</head>
<body xml:lang=3D"en" style=3D"color-scheme: light; supported-color-scheme=
s: light;margin: 0; padding: 0;">
<!-- Email Preview -->
<div style=3D"display:none">
<span>Economics : United Kingdom</span> =E2=80=87=EF=BB=BF=CD=8F=E2=80=
=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=
=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F =E2=80=87=
=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=
=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=
=BF=CD=8F =E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=
=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=
=CD=8F=E2=80=87=EF=BB=BF=CD=8F =E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=
=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=
=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F =E2=80=87=EF=BB=BF=CD=
=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=
=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F =
=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=
=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=
=87=EF=BB=BF=CD=8F =E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=
=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=
=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F =E2=80=87=EF=BB=BF=CD=8F=E2=80=87=
=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=
=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F =E2=80=87=EF=
=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=
=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=
=CD=8F =E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=
=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=
=8F=E2=80=87=EF=BB=BF=CD=8F =E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=
=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=
=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F =E2=80=87=EF=BB=BF=CD=8F=
=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=
=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F =E2=
=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=
=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=
=EF=BB=BF=CD=8F =E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=
=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=
=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F =E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=
=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=
=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F =E2=80=87=EF=BB=
=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=
=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=
=8F =E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=
=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=
=E2=80=87=EF=BB=BF=CD=8F =E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=
=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=
=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F =E2=80=87=EF=BB=BF=CD=8F=E2=
=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=
=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F =E2=80=
=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=
=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=BB=BF=CD=8F=E2=80=87=EF=
=BB=BF=CD=8F
</div>
<div style=3D"background: rgb(255, 255, 255);">
<table role=3D"presentation" align=3D"center" style=3D"border-collapse: =
collapse; border-spacing: 0; width: 100%;max-width: 43.9em;background: rgb(=
255, 255, 255);">
<tbody>
<tr>
<td>
<div style=3D"max-width: 43.9em;font-family: Arial, sans-serif; font=
-size: 0.875em; font-weight: normal;background: rgb(255, 255, 255);margin: =
0 auto;margin:0 auto; font-size: medium; font-size: max(16px, 1rem);" role=
=3D"article" aria-roledescription=3D"email" aria-label=3D"UK in Focus : Ess=
ential UK economic news for businesses" lang=3D"en" dir=3D"ltr">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" align=3D"ce=
nter" role=3D"presentation" style=3D"border-collapse: collapse; border-spac=
ing: 0; width: 100%;">
<!-- Header -->
<tbody>
<tr>
<td style=3D"padding-top: 1em;"><a target=3D"_blank" href=3D"htt=
ps://research.hsbc.com/" style=3D"color: rgb(179, 15, 15); text-decoration:=
none;"> <img width=3D"100%" src=3D"cid:templates.assets.headers.economics.=
png@hsbc.com" alt=3D"HSBC Top Banner" style=3D"border: 0 none; display: blo=
ck; line-height: 100%; outline: none; text-decoration: none;"> </a></td>
</tr><!-- Category -->
<tr>
<td style=3D"padding-top: 1em;">
<h4 style=3D"margin: 0; padding: 0;font-family: Arial, sans-ser=
if; font-size: 0.875em; font-weight: normal;color: rgb(118, 118, 118);"><sp=
an>Economics : United Kingdom</span> | <span>08-Jul-26</span></h4></td>
</tr><!-- Document Title -->
<tr>
<td style=3D"padding-top: 1em;">
<h1 style=3D"margin: 0; padding: 0;font-family: Arial, sans-ser=
if; font-size: 1.5em; font-weight: bold;">UK in Focus</h1>
<h2 style=3D"margin: 0; padding: 0;font-family: Arial, sans-ser=
if; font-size: 1.125em; font-weight: bold;margin-top: 0.625em;">Essential U=
K economic news for businesses</h2></td>
</tr>
<tr>
<td style=3D"padding-top: 1em;">
<hr style=3D"margin: 0; border-width: 0; background: rgb(233, 2=
34, 233); color: rgb(233, 234, 233); height: 0.1em;"></td>
</tr><!-- Top Synopsis -->
<tr>
<td style=3D"padding-top: 1em;">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" width=
=3D"100%" role=3D"presentation" style=3D"border-collapse: collapse; border-=
spacing: 0; width: 100%;">
<!-- Bullet points -->
<tbody>
<tr>
<td>
<ul style=3D"margin: 0; padding: 0;list-style-position: ins=
ide;">
<li style=3D"margin: 0; padding: 0;font-family: Arial, san=
s-serif; font-size: 0.875em; font-weight: bold;"><span>Activity in June was=
subdued, while sentiment is weak but stable</span></li>
<li style=3D"margin: 0; padding: 0;font-family: Arial, san=
s-serif; font-size: 0.875em; font-weight: bold;margin-top: 0.875em;"><span>=
An easing of tensions in the Middle East and a lower savings rate could see=
some resilience, though inflation is still set to rise</span></li>
<li style=3D"margin: 0; padding: 0;font-family: Arial, san=
s-serif; font-size: 0.875em; font-weight: bold;margin-top: 0.875em;"><span>=
Questions remain as to whether a new UK government will help or hinder the =
currency</span></li>
</ul></td>
</tr><!-- Video Thumbnail --> <!-- Report Link -->
<tr>
<td style=3D"padding-top: 1em;"><a href=3D"https://www.resea=
rch.hsbc.com/R/20/wmwD6RbfCvSZ" style=3D"color: rgb(179, 15, 15); text-deco=
ration: none;font-family: Arial, sans-serif; font-size: 0.875em; font-weigh=
t: normal;background-color:#020202; text-decoration: none; padding: .5em 2e=
m; color: #FCFDFF; display:inline-block; mso-padding-alt:0;text-underline-c=
olor:#020202"> <!--[if mso]><i style=3D"mso-font-width:200%;mso-text-raise:=
100%" hidden> </i><span style=3D"mso-text-raise:50%;"><![endif]--> <sp=
an>Read report</span> <span> <span>(</span> <span>1</span> <span>page<span>=
</span></span> <span>)</span> </span> <!--[if mso]></span><i style=3D"mso-f=
ont-width:200%;" hidden> ​</i><![endif]--> </a></td>
</tr>
</tbody>
</table></td>
</tr>
<tr>
<td style=3D"padding-top: 1em;">
<hr style=3D"margin: 0; border-width: 0; background: rgb(233, 2=
34, 233); color: rgb(233, 234, 233); height: 0.1em;"></td>
</tr><!-- Primary Analyst-->
<tr>
<td style=3D"padding-top: 1em;">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" width=
=3D"100%" role=3D"presentation" style=3D"border-collapse: collapse; border-=
spacing: 0; width: 100%;">
<tbody>
<tr>
<td valign=3D"top" style=3D"vertical-align: top"><img width=
=3D"50" height=3D"66" src=3D"cid:analysts.mbXGZ.jpg@hsbc.com" alt=3D"Analys=
t photo" style=3D"border: 0 none; display: block; line-height: 100%; outlin=
e: none; text-decoration: none;"></td>
<td style=3D"width: 100%;padding-left: 1em;">
<p style=3D"margin: 0; padding: 0;font-family: Arial, sans-=
serif; font-size: 0.75em; font-weight: bold;"><span>Emma Wilks</span></p>
<p style=3D"margin: 0; padding: 0;font-family: Arial, sans-=
serif; font-size: 0.75em; font-weight: normal;"><span>UK Economist</span><b=
r><a href=3D"mailto:emma.wilks@hsbc.com" style=3D"color: rgb(179, 15, 15); =
text-decoration: none;">emma=E2=80=8B.wilks=E2=80=8B@hsbc=E2=80=8B.com</a><=
br><a href=3D"https://www.research.hsbc.com/S/10/s/analyst/mbXGZ" style=3D"=
color: rgb(179, 15, 15); text-decoration: none;color: rgb(32, 57, 157);"> <=
span>Subscribe to</span> <span>Emma</span><span>'s</span> <span>research</s=
pan> </a></p></td>
</tr>
<tr>
<td colspan=3D"2" style=3D"padding-top: 0.5em;">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" wid=
th=3D"100%" role=3D"presentation" style=3D"border-collapse: collapse; borde=
r-spacing: 0; width: 100%;">
<tbody>
<tr>
<td style=3D"padding-top: 0.5em;padding-right: 1em;displ=
ay: inline-block; width: 9.6em; max-width: 9.6em">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0"=
width=3D"100%" role=3D"presentation" style=3D"border-collapse: collapse; b=
order-spacing: 0; width: 100%;">
<tbody>
<tr>
<td><a href=3D"mailto:emma.wilks@hsbc.com?subject=3D=
Meeting%20Request&cc=3Daskresearch@hsbc.com&body=3DHello%20Emma%2C%=
20I%20am%20interested%20in%20your%20report%20on%20%27UK%20in%20Focus%20%3A%=
20Essential%20UK%20economic%20news%20for%20businesses%27%20and%20would%20li=
ke%20to%20contact%20you%20to%20discuss%20further" style=3D"color: rgb(179, =
15, 15); text-decoration: none;"> <img src=3D"cid:templates.assets.social.b=
ook-a-meeting.png@hsbc.com" width=3D"32" height=3D"32" alt=3D"Request a mee=
ting" style=3D"border: 0 none; display: block; line-height: 100%; outline: =
none; text-decoration: none;"> </a></td>
<td style=3D"width: 100%;padding-left: 0.25em;"><a h=
ref=3D"mailto:emma.wilks@hsbc.com?subject=3DMeeting%20Request&cc=3Daskr=
esearch@hsbc.com&body=3DHello%20Emma%2C%20I%20am%20interested%20in%20yo=
ur%20report%20on%20%27UK%20in%20Focus%20%3A%20Essential%20UK%20economic%20n=
ews%20for%20businesses%27%20and%20would%20like%20to%20contact%20you%20to%20=
discuss%20further" style=3D"color: rgb(179, 15, 15); text-decoration: none;=
font-family: Arial, sans-serif; font-size: 0.75em; font-weight: normal;colo=
r: rgb(51, 51, 51);width: 100%"> <span>Req=E2=80=8Buest a meet=E2=80=8Bing<=
/span> </a></td>
</tr>
</tbody>
</table></td>
<td style=3D"padding-top: 0.5em;padding-right: 1em;displ=
ay: inline-block; width: 8.7em; max-width: 8.7em">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0"=
width=3D"100%" role=3D"presentation" style=3D"border-collapse: collapse; b=
order-spacing: 0; width: 100%;">
<tbody>
<tr>
<td><a href=3D"https://blinks.bloomberg.com/ib/32372=
023" style=3D"color: rgb(179, 15, 15); text-decoration: none;"> <img src=3D=
"cid:templates.assets.social.bloomberg.png@hsbc.com" width=3D"32" height=3D=
"32" alt=3D"Bloomberg chat" style=3D"border: 0 none; display: block; line-h=
eight: 100%; outline: none; text-decoration: none;"> </a></td>
<td style=3D"width: 100%;padding-left: 0.25em;"><a h=
ref=3D"https://blinks.bloomberg.com/ib/32372023" style=3D"color: rgb(179, 1=
5, 15); text-decoration: none;font-family: Arial, sans-serif; font-size: 0.=
75em; font-weight: normal;color: rgb(51, 51, 51);width: 100%"> <span>Bloom=
=E2=80=8Bberg chat</span> </a></td>
</tr>
</tbody>
</table></td>
<td style=3D"padding-top: 0.5em;padding-right: 1em;displ=
ay: inline-block; width: 6.9em; max-width: 6.9em">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0"=
width=3D"100%" role=3D"presentation" style=3D"border-collapse: collapse; b=
order-spacing: 0; width: 100%;">
<tbody>
<tr>
<td><a href=3D"https://open.symphony.com/?startChat=
=3D69337952110052" style=3D"color: rgb(179, 15, 15); text-decoration: none;=
"> <img src=3D"cid:templates.assets.social.symphony.png@hsbc.com" width=3D"=
32" height=3D"32" alt=3D"Symphony" style=3D"border: 0 none; display: block;=
line-height: 100%; outline: none; text-decoration: none;"> </a></td>
<td style=3D"width: 100%;padding-left: 0.25em;"><a h=
ref=3D"https://open.symphony.com/?startChat=3D69337952110052" style=3D"colo=
r: rgb(179, 15, 15); text-decoration: none;font-family: Arial, sans-serif; =
font-size: 0.75em; font-weight: normal;color: rgb(51, 51, 51);width: 100%">=
Sym=E2=80=8Bphony</a></td>
</tr>
</tbody>
</table></td>
<td style=3D"padding-top: 0.5em;padding-right: 1em;displ=
ay: inline-block; width: 5.2em; max-width: 5.2em">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0"=
width=3D"100%" role=3D"presentation" style=3D"border-collapse: collapse; b=
order-spacing: 0; width: 100%;">
<tbody>
<tr>
<td><a href=3D"mailto:emma.wilks@hsbc.com" style=3D"=
color: rgb(179, 15, 15); text-decoration: none;"> <img src=3D"cid:templates=
.assets.social.email.png@hsbc.com" width=3D"32" height=3D"32" alt=3D"Email"=
style=3D"border: 0 none; display: block; line-height: 100%; outline: none;=
text-decoration: none;"> </a></td>
<td style=3D"width: 100%;padding-left: 0.25em;"><a h=
ref=3D"mailto:emma.wilks@hsbc.com" style=3D"color: rgb(179, 15, 15); text-d=
ecoration: none;font-family: Arial, sans-serif; font-size: 0.75em; font-wei=
ght: normal;color: rgb(51, 51, 51);width: 100%"> <span>Em=E2=80=8Bail</span=
> </a></td>
</tr>
</tbody>
</table></td>
<td style=3D"display: inline-block"> </td>
</tr>
</tbody>
</table></td>
</tr>
</tbody>
</table></td>
</tr>
<tr>
<td style=3D"padding-top: 1em;">
<hr style=3D"margin: 0; border-width: 0; background: rgb(233, 2=
34, 233); color: rgb(233, 234, 233); height: 0.1em;"></td>
</tr><!-- Document Synopsis -->
<tr>
<td style=3D"padding-top: 1em;">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" width=
=3D"100%" role=3D"presentation" style=3D"border-collapse: collapse; border-=
spacing: 0; width: 100%;">
<tbody>
<tr>
<td>
<h4 style=3D"margin: 0; padding: 0;font-family: Arial, sans=
-serif; font-size: 0.875em; font-weight: bold;"><span>Activity and employme=
nt down, but some pockets of resilience</span></h4>
<p style=3D"margin: 0; padding: 0;font-family: Arial, sans-=
serif; font-size: 0.875em; font-weight: normal;margin-top: 1em;"><span>UK e=
conomic data in June showed an economy losing momentum. Activity has soften=
ed, hiring has cooled, and consumer confidence remains subdued. Business su=
rveys showed slowing demand =E2=80=93 the UK PMI output index reported a se=
cond month of contraction =E2=80=93 consistent with a pullback in GDP growt=
h from the current strong 0.7% 3m-o-3m rate in April. The services and cons=
truction sectors are especially downbeat. New business for services firms h=
as been declining for four months, while the construction activity has been=
falling since January 2025. Both are victim to higher costs and weak senti=
ment. Meanwhile, the rebound in manufacturing has continued despite supply =
chain disruption and global volatility (chart 1).</span></p>
<p style=3D"margin: 0; padding: 0;font-family: Arial, sans-=
serif; font-size: 0.875em; font-weight: normal;margin-top: 1em;"><span>Empl=
oyment growth is subdued, with firms preferring temporary placements agains=
t a backdrop of higher labour costs and activity uncertainty. Despite that,=
starting salaries are rising (chart 2), as firms looked to attract experie=
nced, skilled staff. This is consistent with a two-tier labour market, wher=
eby weak demand in certain sectors, and higher costs, are disproportionatel=
y impacting younger workers, while a degree of tightness remains from highe=
r skilled, experienced roles. Indeed, despite more applicants per job role,=
a lack of qualified applicants is the top reason for recruitment difficult=
ies, according to an ONS survey of businesses. A more segmented labour mark=
et poses as a risk to wage growth, inflation pressures and for the Bank of =
England in setting interest rates (see </span> <a href=3D"https://www.resea=
rch.hsbc.com/R/84/ldr99sDwmwD6Rb" style=3D"color: rgb(179, 15, 15); text-de=
coration: none;">Can higher unemployment contain wage growth?, 8 July 2026<=
/a> <span>).</span></p>
<h4 style=3D"margin: 0; padding: 0;font-family: Arial, sans=
-serif; font-size: 0.875em; font-weight: bold;margin-top: 1em;"><span>A fra=
gile outlook and renewed policy uncertainty</span></h4>
<p style=3D"margin: 0; padding: 0;font-family: Arial, sans-=
serif; font-size: 0.875em; font-weight: normal;margin-top: 1em;"><span>From=
here, easing Middle East tensions and the reopening of the Strait of Hormu=
z could all help see a pick-up in sentiment from here. Warm weather, plenty=
of sports, and a willingness from households to lower their savings rate =
=E2=80=93 as seen in Q1 =E2=80=93 could further contribute to some resilien=
ce in the economy over the summer. Meanwhile, corporates and households sho=
w financial resilience =E2=80=93 the BoE's Financial Stability Report showe=
d overall corporate and household indebtedness, and debt vulnerability, rem=
ains low.</span></p>
<p style=3D"margin: 0; padding: 0;font-family: Arial, sans-=
serif; font-size: 0.875em; font-weight: normal;margin-top: 1em;"><span>That=
said, the outlook is fragile. Sustained peace in the Middle East is not a =
certainty, tailwinds to businesses and households continue to drag, and inf=
lation is set to rise over the coming months (see </span> <a href=3D"https:=
//www.research.hsbc.com/R/84/ltxnxGXwmwD6Rb" style=3D"color: rgb(179, 15, 1=
5); text-decoration: none;">UK inflation briefing, 17 June 2026</a> <span>)=
, despite lower oil prices. Financial conditions are more restrictive than =
a few months ago, housing demand has fallen back with mortgage approvals do=
wn 11% y-o-y in May, and corporate credit growth momentum has slowed. Busin=
ess investment growth in Q1 appeared robust but was concentrated in transpo=
rt equipment. And renewed policy uncertainty is unlikely to be helping.</sp=
an></p></td>
</tr>
</tbody>
</table></td>
</tr><!-- Contributors -->
<tr>
<td style=3D"padding-top: 1em;">
<hr style=3D"margin: 0; border-width: 0; background: rgb(233, 2=
34, 233); color: rgb(233, 234, 233); height: 0.1em;"></td>
</tr><!-- Disclosures -->
<tr>
<td style=3D"padding-top: 1em;">
<p style=3D"margin: 0; padding: 0;font-family: Arial, sans-seri=
f; font-size: 0.875em; font-weight: normal;"><span>Please refer to research=
report, and click on the link below for important disclosures and disclaim=
ers in the Disclosure appendix:</span><br><a href=3D"https://www.research.h=
sbc.com/R/20/wmwD6RbfCvSZ" style=3D"color: rgb(179, 15, 15); text-decoratio=
n: none;">https://www.research.hsbc.com/R/20/wmwD6RbfCvSZ</a></p></td>
</tr><!-- Equity Snap Link --> <!-- Banners -->
<tr>
<td style=3D"padding-top: 1em;">
<hr style=3D"margin: 0; border-width: 0; background: rgb(233, 2=
34, 233); color: rgb(233, 234, 233); height: 0.1em;"></td>
</tr>
<tr>
<td style=3D"padding-top: 1em;">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D=
"presentation" style=3D"border-collapse: collapse; border-spacing: 0; width=
: 100%;background: rgb(255, 255, 255);">
<tbody>
<tr>
<td><a href=3D"https://www.extelinsights.com/voting" target=
=3D"_blank" style=3D"color: rgb(179, 15, 15); text-decoration: none;"> <img=
src=3D"cid:Extel_Global_Fixed-Income_Research_Survey@hsbc.com" alt=3D"Link=
to Extel Global Fixed-Income Research Survey" width=3D"340" height=3D"78" =
style=3D"border: 0 none; display: block; line-height: 100%; outline: none; =
text-decoration: none;"> </a></td>
</tr>
</tbody>
</table></td>
</tr>
<tr>
<td style=3D"padding-top: 1em;">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D=
"presentation" style=3D"border-collapse: collapse; border-spacing: 0; width=
: 100%;background: rgb(255, 255, 255);">
<tbody>
<tr>
<td><a href=3D"https://www.research.hsbc.com/R/20/Q2JcdLJ" t=
arget=3D"_blank" style=3D"color: rgb(179, 15, 15); text-decoration: none;">=
<img src=3D"cid:HSBC_EM_Sentiment_Survey@hsbc.com" alt=3D"Link to HSBC EM =
Sentiment Survey" width=3D"340" height=3D"78" style=3D"border: 0 none; disp=
lay: block; line-height: 100%; outline: none; text-decoration: none;"> </a>=
</td>
</tr>
</tbody>
</table></td>
</tr>
<tr>
<td style=3D"padding-top: 1em;">
<hr style=3D"margin: 0; border-width: 0; background: rgb(233, 2=
34, 233); color: rgb(233, 234, 233); height: 0.1em;"></td>
</tr><!-- Copyright -->
<tr>
<td style=3D"padding-top: 1em;padding-bottom: 1em;">
<p style=3D"margin: 0; padding: 0;font-family: Arial, sans-seri=
f; font-size: 0.875em; font-weight: normal;">=C2=A9 Copyright <span>2026</s=
pan>, <span>HSBC Bank plc</span>, ALL RIGHTS RESERVED. No part of this publ=
ication may be reproduced, stored in a retrieval system, or transmitted, in=
any form or by any means, electronic, mechanical, photocopying, recording,=
or otherwise, without the prior written permission of <span>HSBC Bank plc<=
/span>.</p></td>
</tr><!-- Footer -->
<tr>
<td style=3D"background: rgb(243, 243, 243);padding: 1.625em 1.6=
25em;">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" width=
=3D"100%" role=3D"presentation" style=3D"border-collapse: collapse; border-=
spacing: 0; width: 100%;">
<tbody>
<tr>
<td colspan=3D"2">
<h3 style=3D"margin: 0; padding: 0;font-family: Arial, sans=
-serif; font-size: 1.125em; font-weight: bold;">Stay connected to our topic=
al and timely thought leadership</h3></td>
</tr>
<tr>
<td align=3D"center" style=3D"padding-top: 1.875em;text-alig=
n: center">
<div style=3D"display: inline-block; text-align: center">
<img src=3D"cid:templates.assets.stay-connected.download-a=
pp.png@hsbc.com" width=3D"64" height=3D"64" alt=3D"Mobile icon" style=3D"bo=
rder: 0 none; display: block; line-height: 100%; outline: none; text-decora=
tion: none;">
</div></td>
<td style=3D"width: 100%;padding-top: 1.875em;padding-left: =
1.25em;">
<h4 style=3D"margin: 0; padding: 0;font-family: Arial, sans=
-serif; font-size: 0.875em; font-weight: bold;">Download the HSBC Global In=
vestment Research app</h4>
<p style=3D"margin: 0; padding: 0;font-family: Arial, sans-=
serif; font-size: 0.875em; font-weight: normal;margin-top: 0.625em;"><span>=
From Apple=E2=80=99s</span> <a href=3D"https://apps.apple.com/gb/app/hsbc-g=
lobal-research/id1248271935" title=3D"https://apps.apple.com/gb/app/hsbc-gl=
obal-research/id1248271935" style=3D"color: rgb(179, 15, 15); text-decorati=
on: none;"> <span>App Store</span> </a> <span> or </span> <a href=3D"https:=
//play.google.com/store/apps/details?id=3Dcom.hsbc.hsbcglobalresearch.rapp&=
amp;hl=3Den&gl=3DUS" title=3D"https://play.google.com/store/apps/detail=
s?id=3Dcom.hsbc.hsbcglobalresearch.rapp&hl=3Den&gl=3DUS" style=3D"c=
olor: rgb(179, 15, 15); text-decoration: none;"> <span>Google Play</span> <=
/a> <span> The app features topical and timely curated reports, multimedia,=
and upcoming events</span></p></td>
</tr>
<tr>
<td style=3D"padding-top: 1.875em;"><img src=3D"cid:template=
s.assets.stay-connected.website.png@hsbc.com" width=3D"64" height=3D"64" al=
t=3D"Laptop" style=3D"border: 0 none; display: block; line-height: 100%; ou=
tline: none; text-decoration: none;"></td>
<td style=3D"width: 100%;padding-top: 1.875em;padding-left: =
1.25em;">
<h4 style=3D"margin: 0; padding: 0;font-family: Arial, sans=
-serif; font-size: 0.875em; font-weight: bold;">Log on to the <span>Global =
Investment Research</span> website</h4>
<p style=3D"margin: 0; padding: 0;font-family: Arial, sans-=
serif; font-size: 0.875em; font-weight: normal;margin-top: 0.625em;"><span>=
To access all reports and videos, visit </span> <a href=3D"https://www.rese=
arch.hsbc.com" title=3D"https://www.research.hsbc.com" style=3D"color: rgb(=
179, 15, 15); text-decoration: none;"> <span>https://www.research.hsbc.com<=
/span> </a> <span></span></p></td>
</tr>
<tr>
<td style=3D"padding-top: 1.875em;"><img src=3D"cid:template=
s.assets.stay-connected.linkedin.png@hsbc.com" width=3D"64" height=3D"64" a=
lt=3D"LinkedIn" style=3D"border: 0 none; display: block; line-height: 100%;=
outline: none; text-decoration: none;"></td>
<td style=3D"width: 100%;padding-top: 1.875em;padding-left: =
1.25em;">
<h4 style=3D"margin: 0; padding: 0;font-family: Arial, sans=
-serif; font-size: 0.875em; font-weight: bold;">Connect with Global Investm=
ent Research on LinkedIn</h4>
<p style=3D"margin: 0; padding: 0;font-family: Arial, sans-=
serif; font-size: 0.875em; font-weight: normal;margin-top: 0.625em;">Search=
for and follow <a href=3D"https://www.linkedin.com/feed/hashtag/hsbcresear=
ch/" title=3D"https://www.linkedin.com/feed/hashtag/hsbcresearch/" style=3D=
"color: rgb(179, 15, 15); text-decoration: none;">#HSBCResearch</a> Reports=
and Live Events are free-to-view and can be easily shared with clients and=
prospects</p></td>
</tr>
<tr>
<td style=3D"padding-top: 1.875em;"><a href=3D"https://www.g=
bm.hsbc.com/en-gb/campaigns/global-research/live-insights" style=3D"color: =
rgb(179, 15, 15); text-decoration: none;"> <img src=3D"cid:templates.assets=
.stay-connected.live-insights.png@hsbc.com" width=3D"64" height=3D"64" alt=
=3D"Live Insights" style=3D"border: 0 none; display: block; line-height: 10=
0%; outline: none; text-decoration: none;"> </a></td>
<td style=3D"width: 100%;padding-top: 1.875em;padding-left: =
1.25em;">
<h4 style=3D"margin: 0; padding: 0;font-family: Arial, sans=
-serif; font-size: 0.875em; font-weight: bold;">Live Insights</h4>
<p style=3D"margin: 0; padding: 0;font-family: Arial, sans-=
serif; font-size: 0.875em; font-weight: normal;margin-top: 0.625em;"><a hre=
f=3D"https://www.gbm.hsbc.com/en-gb/campaigns/global-research/live-insights=
" title=3D"https://www.gbm.hsbc.com/solutions/live-insights" style=3D"color=
: rgb(179, 15, 15); text-decoration: none;">Join our events or watch replay=
s</a>. They are free-to-view and cover key topical themes</p></td>
</tr>
<tr>
<td style=3D"padding-top: 1.875em;"><img src=3D"cid:template=
s.assets.stay-connected.subscribe-and-listen.png@hsbc.com" width=3D"64" hei=
ght=3D"64" alt=3D"Podcast" style=3D"border: 0 none; display: block; line-he=
ight: 100%; outline: none; text-decoration: none;"></td>
<td style=3D"width: 100%;padding-top: 1.875em;padding-left: =
1.25em;">
<h4 style=3D"margin: 0; padding: 0;font-family: Arial, sans=
-serif; font-size: 0.875em; font-weight: bold;">Subscribe and listen</h4>
<p style=3D"margin: 0; padding: 0;font-family: Arial, sans-=
serif; font-size: 0.875em; font-weight: normal;margin-top: 0.625em;">Podcas=
ts are available on <a href=3D"http://grp.hsbc/UnderTheBanyanTree_Apple" st=
yle=3D"color: rgb(179, 15, 15); text-decoration: none;">Apple</a> and <a hr=
ef=3D"http://grp.hsbc/UnderTheBanyanTree_Spotify" style=3D"color: rgb(179, =
15, 15); text-decoration: none;">Spotify</a> platforms, just search for HSB=
C Global Investment Research.</p></td>
</tr>
<tr>
<td style=3D"padding-top: 1.875em;"><img src=3D"cid:template=
s.assets.stay-connected.newsletter.png@hsbc.com" width=3D"64" height=3D"64"=
alt=3D"Newsletters" style=3D"border: 0 none; display: block; line-height: =
100%; outline: none; text-decoration: none;"></td>
<td style=3D"width: 100%;padding-top: 1.875em;padding-left: =
1.25em;">
<h4 style=3D"margin: 0; padding: 0;font-family: Arial, sans=
-serif; font-size: 0.875em; font-weight: bold;">Newsletters</h4>
<p style=3D"margin: 0; padding: 0;font-family: Arial, sans-=
serif; font-size: 0.875em; font-weight: normal;margin-top: 0.625em;">Subscr=
ibe to our monthly collection of free to view reports and interviews, or re=
ad our bite-sized round up of research covering our nine key themes. <a hre=
f=3D"https://www.linkedin.com/newsletters/hsbc-research-open-pass-715876497=
1340742659/" style=3D"color: rgb(179, 15, 15); text-decoration: none;">Open=
Pass</a> or <a href=3D"https://www.linkedin.com/newsletters/hsbc-research-=
talking-points-7125829669546790912/" style=3D"color: rgb(179, 15, 15); text=
-decoration: none;">Talking points</a></p></td>
</tr>
<tr>
<td colspan=3D"2" style=3D"padding-bottom: 1em;">
<hr style=3D"margin: 0; border-width: 0; background: rgb(23=
3, 234, 233); color: rgb(233, 234, 233); height: 0.1em;margin-top: 1em;"></=
td>
</tr>
<tr>
<td colspan=3D"2">
<h3 style=3D"margin: 0; padding: 0;font-family: Arial, sans=
-serif; font-size: 1.125em; font-weight: bold;">Subscription Changes</h3>
<p style=3D"margin: 0; padding: 0;font-family: Arial, sans-=
serif; font-size: 0.875em; font-weight: normal;margin-top: 1em;"><span>If y=
ou do not wish to continue receiving this research, please click</span> <a =
href=3D"mailto:research@hsbcib.com?subject=3DHSBC%20Research%20Support%20-%=
20please%20UNSUBSCRIBE%20me%20from%20this%20Title%20%2F%20Topic%20or%20Auth=
or%20specified%20below%20-%20Thanks&body=3DPlease%20remove%20research%2=
0related%20to%20the%20following%20report%20from%20my%20account%20-%20Title%=
3A%20UK%20in%20Focus%20%3A%20Essential%20UK%20economic%20news%20for%20busin=
esses%2C%20UDI%3A%20wmwD6Rb" style=3D"color: rgb(179, 15, 15); text-decorat=
ion: none;"> here </a><span>, or</span> <a href=3D"https://www.research.hsb=
c.com/US/All" style=3D"color: rgb(179, 15, 15); text-decoration: none;"> un=
subscribe all </a> <span>to be removed from our distribution lists.</span> =
<span>To see and manage all your subscriptions, go to your</span> <a href=
=3D"https://www.research.hsbc.com/ibcom/in/Subscriptions2/MySubscriptions" =
style=3D"color: rgb(179, 15, 15); text-decoration: none;"> Subscription Pag=
e </a> <span>.</span> <br><br><span>If you need further assistance, you can=
contact our subscription team at</span> <a href=3D"mailto:research@hsbcib.=
com?subject=3DHSBC%20Research%20Support%20-%20I%20need%20your%20help%20-%20=
see%20details%20below%20-%20Thanks" style=3D"color: rgb(179, 15, 15); text-=
decoration: none;"> <span>Research Support</span> </a> <span>.</span></p></=
td>
</tr>
</tbody>
</table></td>
</tr>
</tbody>
</table>
</div></td>
</tr>
</tbody>
</table>
</div>
=20
<HR>-SAVE PAPER - THINK BEFORE YOU PRINT!<BR>
<BR>
This E-mail is confidential. <BR>
<BR>
It may also be legally privileged. If you are not the addressee you may not=
copy,<BR>
forward, disclose or use any part of it. If you have received this message =
in error,<BR>
please delete it and all copies from your system and notify the sender imme=
diately by<BR>
return E-mail.<BR>
<BR>
Internet communications cannot be guaranteed to be timely secure, error or =
virus-free.<BR>
The sender does not accept liability for any errors or omissions.<BR>
</body>
</html>
------=_Part_1590495_148632740.1783527198895--
------=_Part_1590497_467220893.1783527198912
Content-Type: image/jpeg
Content-Transfer-Encoding: base64
Content-ID: <HSBC_EM_Sentiment_Survey@hsbc.com>
Content-Disposition: inline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------=_Part_1590497_467220893.1783527198912
Content-Type: image/png
Content-Transfer-Encoding: base64
Content-ID: <templates.assets.social.book-a-meeting.png@hsbc.com>
Content-Disposition: inline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------=_Part_1590497_467220893.1783527198912
Content-Type: image/png
Content-Transfer-Encoding: base64
Content-ID: <templates.assets.stay-connected.subscribe-and-listen.png@hsbc.com>
Content-Disposition: inline
iVBORw0KGgoAAAANSUhEUgAAAEgAAABICAYAAABV7bNHAAAAAXNSR0IArs4c6QAAAARzQklUCAgI
CHwIZIgAAAj5SURBVHhe7VxdjBRZFb63qrqHme6ubo2Ju2iyG3c2aAIB9QGMi4AuMwIzA0iQH8eI
oAYfTHaNuIAx7MMm+/MgJpisCayQ3c2yupFf+ZnB4IC44WEjaEwUwbAmLuKDTld1zzTTXXWv363p
KqprevpnurqmaaqSnun03Hv7nu+e851zz7lzKSnzvEdI5L+JxJepLD9JCUmUa9Mun3FCMtw0/x7N
ZM6vIMTwygX5S58hVf0JpWSQUBrFX+ZwTqa0aRdwhByQFRiRHH4UKCeHezTtObd8JcIPp5I30fDD
6PMHZvLjikJuMS5n2gkQrywSNROGQbplmW5ghH6OEnqnJ51eYLdzAAI4twGOYhoTg6uz9y61MyjT
yXYuFvuSFJHfgFrpvaPaJy0NEz+GU+oBIDfIDHNtbzZ7+WEEx5Z5KB7/IlHkYxInr67UtD3UIuRU
8i7h/Hyvpn/tYQbHlh0Kc5JwuhgAzaVDiUQ/kaU3ZMZ3Pq3rb4cAwaJUdZBI9ABnfCsdTqW+DyZ/
gRKz9+nRzO9DgAg5n0qtkCg5A6+2l15IpfYxzvdQSpeAva+HABEylEx+FuR8hVP6cghQGY0IAapi
JiFADxpAp2KxZyRJWopA9UOuCPaWnMu9vsowrgTNiy2hQQIUbIZ/iKj10UoAALScxNibfZnMd4IC
alYB+jUhj0VU9bfwmt22wBw7YgChSZxbXhTeYx68SArgzXFA4dwghcJgfy73y2YDNWsAne7s3MSj
0cMQvtMSEoAo4+Pfq2RGpxOJ4wBsHQC1ujDGXlubyXyrmSDNCkACHBKJHIVWUGiMSUzzBwNjYz+t
RdBzivJUoavrHXR9JAiQAgfIMqtk8q9CcxCUaoauL9xAyD9rAcfd5mQicQhkvsNSPsN4tlaA6/2e
wAE6raq3oDlPCK4p6PrjMwHHFhImN0IkaRnM08jrencjY00HXKAACfMwYjFrj4dVfwmrvqfeFfW2
B+A5i8AZu9SfySxvdDxv/0ABsrUHK/6Pfqy4H8JYIYKi7BdahDEjfozpHiNQgE6pKpwQkrg+cwbG
NTCuTPL5zX67/sAAsjxXNGrlmPo1zdfkPzTzGsxsUTPMLDCAitHyfpBzHubQU84UBrLZivnvM7HY
IpPSpLcv1HIXNGgNxr09kMl8wk8zCw6gROJvVJLmVZw8Y+tBtCema3M6mRRlmWkfgG8M+MxDgQH0
m1jsKpflxQzbCKz2lGQcIsb3lXz++VX37r0/LUCq+jy0ZYqnAjAfh80+AQ0agwbFH0gNcmKWJrhj
25OJwHOtrqdCgDwIhABVUYn2ACgev05keWFFWU1zRX82O1KBpAU/PTbd3zljeXBQx4NpYgIgSVoo
TgiUe0QOSDaM5WvGxqatppxKJkfQe1kFgCYA0P28kQ9IBebFQpKuslohQCFAtRv02Xh8kylJ+xH4
fRWBn1WJsANFvE2Dh8ryjDIx8c0qgeIR9J1C0sVAsRtxUA4p2C57ptjE3kQA+hdE5+trn31py6Zw
UDlzOhXwVsNaJFl+G+SfHtA0p4RUL1DBARSLvYjSzm6s9hhWtc87UVQx0pU8mGh/HNUNJR5f5O2L
Mb+NsbcCjLvYi1mlI2jsMxx5olYF6Dhc+jrsja4hifUZMWEnsYX3vqc77NSraxvT0gCVm5xI1keT
SRHoEWVsbKmfVVI77epO4/rlNZtiYm4w3NpyUlXTksjnMHaiEeJ0m5g7z53XNKcIgKBy1Co4MvYS
vmvGue+mACQEQO5mHL863RN0SjUgDRQJv+CHFpXLc7sXyA1avQQt2jcPoPslmVvgoSddrncyfwxS
xucz9i5FXnsRCXtB/CQyPu6YLTzmISTnduA7/o3vmDsTYOw+TQPo3Jw5TxkdHVaJB/HNUjsecuem
GzE1d3XWPU6xMHkb5kUbNa+mapBlZqr6RwR2n/auZElVFJ4OBcT19RT94BFFyPCcKF17S0g2OTfq
3puuQeILilxwG28pUhGvYaftHDQQBxGsUEA8yCXjfyR2VSsfF+vyh53TIJ76mh0ciiEpSkt9Ndb7
K5lg00zM4RybD/CBbJqbV2ezzpEVoQnIEe22T2uI8z8A6wMEjX8Gr1zCC06PMrzmIxfdV3J+yOMJ
hUkXOjouW6bFeQnvtSQHuSdlmxoA4IppbnGDZGmZqp6w6lq1PNAaeMBtbg/oPhDhl2kFYmIekG4C
hG4BEsjzF25zs80xEovtBLdsROXjI+6+0IoctOlMNJc74g0NhFkZsnzU0hy0g1v/VD18Vm1Nmm5i
5UAqfjYCYbY1Igx47BgHjwlwhOYUNG1RI+OVAytQgMQEnBhFcLM4YQcuyWcyz9YjGIA5CILfhiGU
Isn7xjlekAIHSEygaBY/t7YC9oOgDuR6Fa8RmZD/2DxleSZCPgrzXIDXGpD1I0VzEj1z8FZ7/fBW
05narABkT0Zsapmi7CsB6j5gk+/KJ/lzCBve8vJYNT6Zyd9nFSB7wpYXSiR+DHe+GhrSCcBE6Wby
cOfkv0hOIIckiPpspFA4YkflMxG43j4tAVC5SdsHFfzOHYUA1YtAlfahBoUANaZSoQa1kgbhCN0C
eCkneVZxbpIE54aHMcSQ1R94uv9VOvhQfYTyLQLVIHimVzCNXTOdbMV+nL+L7OHn/R47UIBQ6fw6
Ar+1NQohKqgi0v5TTe0Zu4HA8Uc1ta2jUaAA1TGvlmkaAtRKJN0yalHHREo0SFwsgLTTC1J4sYAD
YcnFAriaoo/K0psm499dpetH6wC6bZsWr6b4Ga6m2EJ/hwRUPqneQY7hUq+mbWxbqesQzLrchNAl
K9Pao9bpSuvWKYlu58bEV3qz9y7WMVbbNR2OxXpIRPkVala4Hiezxzl+eiGVvME46yIm/wbuEHoo
QRpOAhwuH8ZtOKM9o+n5YvW9V3TdwGeoLvArhJF3mCR9gKSV3nZq4hII2yBVouxjnJGtSN4txpVt
/+pNp52z3VMOMF/A1oBTsh3AFACQit+TSfJ2fSgtYO+Xxb4ON+Lwgz1aaWRe9oS3aHxR7eplUnQe
6lW+/qNIq+EsoXSE/8W/0aPrQwAD4pY+/we6XOrvfLMYQwAAAABJRU5ErkJggg==
------=_Part_1590497_467220893.1783527198912
Content-Type: image/png
Content-Transfer-Encoding: base64
Content-ID: <templates.assets.stay-connected.website.png@hsbc.com>
Content-Disposition: inline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==
------=_Part_1590497_467220893.1783527198912
Content-Type: image/png
Content-Transfer-Encoding: base64
Content-ID: <templates.assets.social.symphony.png@hsbc.com>
Content-Disposition: inline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------=_Part_1590497_467220893.1783527198912
Content-Type: image/jpeg
Content-Transfer-Encoding: base64
Content-ID: <Extel_Global_Fixed-Income_Research_Survey@hsbc.com>
Content-Disposition: inline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------=_Part_1590497_467220893.1783527198912
Content-Type: image/png
Content-Transfer-Encoding: base64
Content-ID: <templates.assets.stay-connected.other-platforms.png@hsbc.com>
Content-Disposition: inline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------=_Part_1590497_467220893.1783527198912
Content-Type: image/png
Content-Transfer-Encoding: base64
Content-ID: <templates.assets.stay-connected.live-insights.png@hsbc.com>
Content-Disposition: inline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------=_Part_1590497_467220893.1783527198912
Content-Type: image/png
Content-Transfer-Encoding: base64
Content-ID: <templates.assets.stay-connected.download-app.png@hsbc.com>
Content-Disposition: inline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------=_Part_1590497_467220893.1783527198912
Content-Type: image/png
Content-Transfer-Encoding: base64
Content-ID: <templates.assets.stay-connected.linkedin.png@hsbc.com>
Content-Disposition: inline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------=_Part_1590497_467220893.1783527198912
Content-Type: image/jpg
Content-Transfer-Encoding: base64
Content-ID: <analysts.mbXGZ.jpg@hsbc.com>
Content-Disposition: inline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------=_Part_1590497_467220893.1783527198912
Content-Type: image/png
Content-Transfer-Encoding: base64
Content-ID: <templates.assets.stay-connected.newsletter.png@hsbc.com>
Content-Disposition: inline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------=_Part_1590497_467220893.1783527198912
Content-Type: image/png
Content-Transfer-Encoding: base64
Content-ID: <templates.assets.social.email.png@hsbc.com>
Content-Disposition: inline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------=_Part_1590497_467220893.1783527198912
Content-Type: image/png
Content-Transfer-Encoding: base64
Content-ID: <templates.assets.social.bloomberg.png@hsbc.com>
Content-Disposition: inline
iVBORw0KGgoAAAANSUhEUgAAACAAAAAgCAYAAABzenr0AAAAAXNSR0IArs4c6QAAAARzQklUCAgI
CHwIZIgAAAFrSURBVFhH7ZexboMwEIbtF2BnhwdgBqndYEFqJfbQB0AtD4HERisegHRiAaUjbMkT
wA47O7DTswWolZLKbkPJQIbEse7u/7hcbP0Yja+2bR8wxs/w9X7aW+jzOAzDmyAIH6Q+Jm8gvgfx
3UKCZ8sCxB4gnvD45If/FJ+0AOIRd113hI27NQBA80QAhpXEqewGcFsdgHlAaZoyj4Su6zQ2z3Ou
HFEU5/hvHSiKArmuy1wsCAIay5ujKMoGsHVg68CNdoAcREmSMJ8DhmHQ2CzLuHIuHkTMVa4Y+Ou7
oGkaND3J1zUvGzdAFEX0viD3gOM4VC8MQ3ofWJaFbNvmYuACIDNimuYsIEkSXdd1Pe/FcTx3hoWE
C4AU9H3/4tCpqoo8z2PRPf83ZM2sqgqVZYn6vp9TNE1DsiyzlvgbALfKDwncP8E1xUmtDWB9Y7K6
NSODsJI5fQdzalN3PEIQe/4C66V94glM6etkzz8BxVgZ7kmdOyoAAAAASUVORK5CYII=
------=_Part_1590497_467220893.1783527198912
Content-Type: image/png
Content-Transfer-Encoding: base64
Content-ID: <templates.assets.headers.economics.png@hsbc.com>
Content-Disposition: inline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------=_Part_1590497_467220893.1783527198912--