In BIG PICTURE NEWS, we look at the latest developments with Ukraine and defence, the US shifts on Canada-Mexico tariffs, Trump reins in Doge and pulls out of a global climate finance coalition, the ECB cuts rates, Germany reawakens, BP cuts the CEO's pay and US LNG exports slow down. In RETAIL NEWS, Sycamore buys Boots' owner, Gap beats expectations and Poundland is up for sale. In MISCELLANEOUS NEWS, car buyers consider the tariff impact, BYD reflects Hong Kong's revival, UK government housing targets are hit, UK construction activity falls and ITV shares surge. AND FINALLY I bring you the best Guinness in London...