UK Budget Tax Cuts & Trump's Super Tuesday Win

UK Budget Tax Cuts & Trump's Super Tuesday Win

Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:

(1) Jeremy Hunt plans to put personal tax cuts at the center of his annual budget on Wednesday as he navigates tight public finances to deliver on Conservative demands for a pre-election giveaway to boost the ailing governing party’s standing with voters.

(2) President Joe Biden and Republican frontrunner Donald Trump are set for a rematch in a general election race that few Americans are excited about and that Wall Street donors tried in vain to avert.

(3) A Citigroup reorganization aimed at streamlining the bank and making it more competitive with its peers has gone swifter than expected, Chief Executive Officer Jane Fraser said, as she set out positive guidance for the year ahead.

(4) OpenAI fired back at a lawsuit filed against it by Elon Musk in a blog post Tuesday, using the billionaire’s own emails to show he backed the company’s plans to become a for-profit business and that he insisted it raise “billions” of dollars to be relevant compared with Google.

(5) Birmingham City Council has signed off on the largest-ever package of budget cuts by a UK local authority

See omnystudio.com/listener for privacy information.

Episoder(1046)

$500bn Of Debt, Sweden's Headache & A Labour Win

$500bn Of Debt, Sweden's Headache & A Labour Win

On today's podcast: (1) Corporate firms are ignoring the Fed and bingeing on debt (2) Mary Daly says the recent jump in bond yields offers a reason to hold rates steady. (3) The UK Labour party has ta...

6 Okt 202316min

'Bond King' Talks Selloff, Property Peril & CEO Pay

'Bond King' Talks Selloff, Property Peril & CEO Pay

On today's podcast:(1) Global bonds are doomed to keep falling unless we see a sustained slump in equities - according to analysts from Barclays. (2) Bill Gross says stocks are "clearly overvalued" an...

5 Okt 202319min

UPDATE: A Global Bond Rout Shakes Markets

UPDATE: A Global Bond Rout Shakes Markets

On today's podcast: (1) The 30-year US Treasury yield touches 5% for the first time since 2007. (2) Unstoppable bond yields crank up the pressure on equity markets around the world. (3) Republican Kev...

4 Okt 202314min

Sunak Speech, McCarthy Out & Ray Dalio Talks

Sunak Speech, McCarthy Out & Ray Dalio Talks

On today's podcast: (1) Rishi Sunak seeks to put the Tory agenda back on track as HS2 dominates headlines. (2) Republican Kevin McCarthy is toppled US House speaker by those in his own party. (3) Pala...

4 Okt 202321min

HS2 Indecision & JPMorgan CEO Interview

HS2 Indecision & JPMorgan CEO Interview

On today's podcast:(1) Reports a key part of HS2 is about to be scrapped throw Rishi Sunak's pre-election narrative off track. (2) Bank of England policymaker Catherine Mann says interest rates have o...

3 Okt 202317min

Tax Tensions, Water Bills To Soar & Bill Ackman Courts Elon Musk

Tax Tensions, Water Bills To Soar & Bill Ackman Courts Elon Musk

On today's podcast: (1) Jeremy Hunt will today say he's increasing the National Living Wage to at least £11 an hour amid growing party discontent over Britain's tax burden. (2) A stop-gap spending bil...

2 Okt 202316min

Bloomberg Daybreak Weekend: Shutdown, SBF, UK Politics

Bloomberg Daybreak Weekend: Shutdown, SBF, UK Politics

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week including an impending government shutdown, the start of the trial of Sam Ban...

30 Sep 202334min

Stock Rout, Black Brits Pushed Out & US Shutdown Looms

Stock Rout, Black Brits Pushed Out & US Shutdown Looms

On today's podcast: (1) Global stocks are on course for their worst month in a year. (2) French Competition Regulators reportedly search the offices of Nvidia. (3) US workers prepare for missed pay ch...

29 Sep 202316min

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