Russian President Vladimir Putin called for private investors in Russia's space sector as it seeks to develop a satellite network.

Officials offered to mediate and even asylum for Elon Musk as many commented how a leader falling out with a top businessman was familiar to Russia.

The Bank of England still expects the ongoing rise in UK inflation to fade but is "not sanguine" about it after price growth proved more persistent than anticipated only a few years ago, BoE monetary policymaker Megan Greene said on Saturday.