UPDATE: UK Inflation Runs Hot & Muslims Lives Ruined By Debanking

UPDATE: UK Inflation Runs Hot & Muslims Lives Ruined By Debanking

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:
(1) Higher than expected UK inflation has traders once again betting the Bank of England will hike rates to 6%.

(2) Chinese shadow bank Zhongrong has now missed payments on dozens of products and says it has no immediate plan to cover them.

(3) Figures from the FCA show one in ten British Muslims don't have a bank account. Bloomberg has spoken to a number of customers who've struggled with the system.

(4) Bloomberg has learned that a US funder is bankrolling massive lawsuits against UK universities for closures during the Covid-19 pandemic.

See omnystudio.com/listener for privacy information.

Episoder(1076)

Trump Expands Iran War, Conflict Drives Oil Spike, Dubai’s Worst Nightmare

Trump Expands Iran War, Conflict Drives Oil Spike, Dubai’s Worst Nightmare

Your morning briefing. All the news you need to start your day.On today's podcast:(1) President Donald Trump said the bombing campaign against Iran will continue until its objectives are achieved, cal...

2 Mar 22min

Daybreak Weekend: US Jobs, Made in Europe, China PMI Data

Daybreak Weekend: US Jobs, Made in Europe, China PMI Data

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the February jobs report, along with a focus on ...

27 Feb 39min

Netflix Walks Away, Greens Win UK By-Election, Putin's War Machine Pain

Netflix Walks Away, Greens Win UK By-Election, Putin's War Machine Pain

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Netflix dropped out of the fight to buy Warner Bros. Discovery, clearing the way for rival bidder Paramount Skydan...

27 Feb 20min

Nvidia Results Fail To Wow, US Boat Cuba Shootout, Iran Strike Reality Check

Nvidia Results Fail To Wow, US Boat Cuba Shootout, Iran Strike Reality Check

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Nvidia the dominant maker of artificial intelligence processors, failed to impress investors with its latest sales...

26 Feb 17min

Trump Rosy Economy Spin, Private Credit 2008 Fears, Spain’s Broken Housing Market

Trump Rosy Economy Spin, Private Credit 2008 Fears, Spain’s Broken Housing Market

Your morning briefing. All the news you need to start your day.On today's podcast:(1) President Donald Trump offered a strident defense of his administration and economic record, declaring the nation ...

25 Feb 18min

Global 10% US Tariff in Force, AI Scare Trade Roars Back, How Much for AI Ray Bans?

Global 10% US Tariff in Force, AI Scare Trade Roars Back, How Much for AI Ray Bans?

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Donald Trump’s new 10% global tariffs went into effect on Tuesday, kicking off a White House effort to preserve th...

24 Feb 19min

US Trade Deals On Edge, Tariff ‘Chaos’ Hits Europe, Pension Fund Implosion

US Trade Deals On Edge, Tariff ‘Chaos’ Hits Europe, Pension Fund Implosion

Your morning briefing. All the news you need to start your dayOn today's podcast: (1) Senior US officials said President Donald Trump’s tariff defeat at the Supreme Court won’t unravel deals negotiate...

23 Feb 16min

Daybreak Weekend: Nvidia Earnings, UK Special Election, Modi Israel Visit

Daybreak Weekend: Nvidia Earnings, UK Special Election, Modi Israel Visit

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to earnings from chipmaker Nvidia along with a focu...

20 Feb 38min

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