tighten

Its customer base that includes Japanese carmakers has witnessed falling sales due to tightened auto loans and consumers opting for more environmentally friendly and fuel cost-efficient choices in electric vehicles.

As well as tightening rules for exports of rare earths, China has opened a monopoly investigation into the US tech firm Qualcomm that could stall its acquisition of another chipmaker.

Earlier this year, Beijing tightened export controls on the minerals, causing alarm among U.S. industries.

It comes two weeks after Nigel Farage met Mr Bailey to argue for the end of BoE bond sales, known as quantitative tightening, claiming it is costing taxpayers billions and driving up debt.

The range of outcomes is tightening for the better, Jefferies analysts wrote.