UK sales slump in May, says

News ( last month reported the addition of only 38 products to its UK database, down 30% from the previous month and up only slightly from the 33 issues recorded in May last year. The "seasonal slump" is largely due to unstable market conditions, the industry database says.

According to, the falling swap rates and rising volatility have led some providers to delay coming to market with new products. "Terms for call-based growth products declined over the

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