UPDATE: UK Debt At 100% of GDP, Inheritance Tax Fears & BOJ Holds Rates

UPDATE: UK Debt At 100% of GDP, Inheritance Tax Fears & BOJ Holds Rates

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

On today's podcast:

(1) Asian stocks extended a rally in global equities as jobs data backed the view that the US economy is headed for a soft landing. The yen gained as the Bank of Japan left interest rates unchanged.

(2) The Bank of England has given Chancellor of the Exchequer Rachel Reeves a £4 billion ($5.3 billion) lifeline to help ease spending pressures ahead of what she has said will be a tough first budget.

(3) The UK’s Labour government is considering raising wealth taxes. Small businesses and farmers fear liquidation if relief is cut.

(4) French Prime Minister Michel Barnier met with President Emmanuel Macron in Paris late on Thursday to propose a new government after two weeks of tense consultations with rival political groups.

(5) UK government borrowing came in higher than forecast in the first five months of the fiscal year, keeping Chancellor Rachel Reeves under pressure to raise taxes to balance the books in her budget next month.

See omnystudio.com/listener for privacy information.

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Episoder(1192)

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Daybreak Weekend: US CPI, Europe Energy, RBA Decision

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7 Aug 17min

Hackers Hit Hedge Funds, Explosive Drone Found, Russia’s War Economy Pain

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6 Aug 18min

SpaceX Spooks Investors, Secret Ukraine War Talks, Nuclear Reactors Run Dry

SpaceX Spooks Investors, Secret Ukraine War Talks, Nuclear Reactors Run Dry

Your morning briefing. All the news you need to start your day.On today's podcast:(1) SpaceX’s stock fell after it disclosed higher-than-expected spending on its artificial intelligence business, over...

5 Aug 17min

HSBC's $1 Billion Reward, Darkness Falls Across Asia, Big AI Bets Divide Funds

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4 Aug 21min

Trump Zigzags On Iran, Europe’s Migrant Fears, Burnham’s Devolution Bet

Trump Zigzags On Iran, Europe’s Migrant Fears, Burnham’s Devolution Bet

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3 Aug 16min

Daybreak Weekend: US Jobs, European Earnings, Vietnam Eco

Daybreak Weekend: US Jobs, European Earnings, Vietnam Eco

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 July jobs report in the U.S with a focus on ...

31 Jul 37min

24h Hedge Fund Fire-Sale, UEFA Vs FIFA, Europe’s Unstoppable Wildfires

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31 Jul 19min

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