HM Treasury has published summary minutes of the Chancellor of the Exchequer’s first meeting with the Market Engagement Group, a senior forum for financial market participants to share views on UK-related market developments. The release records discussion rather than announcing policy changes, with the inaugural session focused on conditions in financial markets including gilts and sterling, and wider macroeconomic themes. The Chancellor set out the economic and fiscal context, referred to the challenging macroeconomic environment, and said the meeting was intended to hear participants’ views firsthand. Discussion then covered the global and domestic outlook, the uncertain effects of geopolitical events on the UK economy and financial markets, developments in global government bond markets and liquidity conditions, and supply and demand dynamics in the gilt market. Participants also discussed the potential medium- to long-term effects of investment in artificial intelligence on productivity and labour markets. The meeting was held on 15 June 2026 at No.11 Downing Street under the Chatham House rule and was described as the first in a twice-yearly engagement series between the Chancellor and the group.
HM Treasury2026-06-16
HM Treasury publishes summary minutes of inaugural Market Engagement Group meeting with the Chancellor
HM Treasury has released summary minutes of the Chancellor’s inaugural meeting with the Market Engagement Group, a twice-yearly forum for senior market participants. The session covered the UK and global outlook, gilt market liquidity and supply-demand conditions, and the possible longer-term effects of artificial intelligence investment on productivity and labour markets. No policy changes were announced.