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(1037)

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US Seizes Tanker Near Venezuela, Fed's 'Silent Dissenters', Europe's Coal Holdout

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Paramount's Hostile WBD Bid , Europe's Russian Assets Plan , Porsche Family Risks VW Recovery

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Paramount has launched a hostile takeover bid for Warner Bros. Discovery Inc at $30 a share in cash on Monda...

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Europe Has A ‘Real Problem’, Trump Netflix-Warner Concern, Farage Woos UK Bankers

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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 next week’s Fed decision and earnings from Oracl...

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German Coalition On Edge, Jane Street’s Savvy AI Bets, Jamie Oliver's Second Helping

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Chancellor Friedrich Merz’s ruling coalition with the Social Democrats faces a key vote in parliament on Fri...

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Macron & Xi Meet in Beijing, Meta’s Apple Talent Coup, Campari Seeks US Sunrise

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Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) French President Emmanuel Macron sought Chinese leader Xi Jinping’s help in ending the war in Ukraine and ur...

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Kremlin Talks ‘Very Useful’, OpenAI CEO's Code Red, Surging Plastic Demand

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