Bloomberg Daybreak: Europe Edition10 Helmi

Starmer Gets Brief Reprieve, EU Preps Ukraine Entry, Drilling Europe’s Oil Capital

Your morning briefing. All the news you need to start your day

On today's podcast:

(1) Keir Starmer’s cabinet members voiced their support for the prime minister on Monday, buying him time to shore up his beleaguered premiership after the Labour Party’s leader in Scotland urged him to quit.

(2) The European Union is preparing a series of options to embed Ukraine’s membership in a future peace deal, according to people familiar with the matter.

(3) The European Central Bank is striving to ensure inflation remains under control as part of efforts to fortify the continent’s economy, President Christine Lagarde said, urging lawmakers to follow through on a list of necessary reforms.

(4) US insurance broker stocks were pummeled Monday as the launch of an artificial intelligence tool from privately held online insurance shopping platform Insurify sparked fears about the industry facing disruption.

(5) A typical lower-income British household would have to wait 137 years to see its living standards double, according to the Resolution Foundation — more than three times longer than in the past.

(6) Aberdeen, with its windswept views of the North Sea, has for decades carried the title of Europe’s oil capital. Yet that status has been slipping for years, sharpening a political fight in Westminster over whether the industry is even worth salvaging at this point.

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