Elon Musk’s SpaceX ‘aiming for $1.5tn valuation’ in stock market flotation – business live

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Elon Musk’s SpaceX is aiming to hold one of the biggest stock market listings of all time next year, according to reports.

10am GMT: Treasury Committee hearing on budget with chancellor Rachel Reeves

10.45am GMT: Bank of England governor Andrew Bailey speaks at FT Global Boardroom conference:

Noon GMT: US weekly mortgage market data

7pm GMT: US Federal Reserve interest rate decision

7.30pm GMT: Federal Reserve press conference

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