Starmer’s Costly U-Turn, Astra's UK Listing Risk, Trump Bill Rebellion Brews

Starmer’s Costly U-Turn, Astra's UK Listing Risk, Trump Bill Rebellion Brews

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

On today's podcast:

(1) Keir Starmer dramatically abandoned his flagship welfare reforms to avoid a historic defeat, leaving the UK prime minister’s authority badly damaged and his government facing a widening fiscal hole to fill.

(2) The Trump administration is halting the transfer of artillery rounds and air defenses to Ukraine, depriving the country of much-needed weapons as it endures stepped-up missile and drone attacks from Russia.

(3) President Donald Trump said Israel has agreed to the conditions needed for a 60-day ceasefire in Gaza, adding that the plan would now be presented to Hamas.

(4) AstraZeneca's Chief Executive Officer Pascal Soriot wants to move the drugmaker’s stock listing to the US, the Times reported, in what would be another sign of the UK’s waning status as a magnet for global capital.

(5) Bank of England Governor Andrew Bailey said high interest rates are having less of an impact on inflation because of Britain’s low levels of debt among both businesses and consumers.

(6) Banco Santander agreed to buy Banco Sabadell SA’s UK unit for £2.65 billion ($3.64 billion), a deal that will make it the UK’s third-largest lender by some measures.

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Episoder(1046)

BHP-Anglo Deal Off, Dimon's Private Credit Warning & A £178m Regret

BHP-Anglo Deal Off, Dimon's Private Credit Warning & A £178m Regret

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EU Capital Market Pledge & Labour Reject City Tax Hikes

EU Capital Market Pledge & Labour Reject City Tax Hikes

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1)  Ukraine must be allowed to target missile crews inside Russia with European-supplied weapons, according to ...

29 Mai 202416min

Middle East Tensions Soar & Labour's Business Backers

Middle East Tensions Soar & Labour's Business Backers

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The killing of an Egyptian soldier in a clash with Israeli troops at a Gaza border crossing on Monday furthe...

28 Mai 202416min

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Daybreak Holiday: Markets, Inflation, Travel Tips

In this Holiday Edition of Bloomberg Daybreak: We take a look at markets and inflation's impact on equities with Alicia Levine of BNY Mellon and Invesco's Brian Levitt We check in on the strength of t...

27 Mai 202438min

Daybreak Weekend: U.S Eco Data, World Health Assembly, Asia Trilateral Meeting

Daybreak Weekend: U.S Eco Data, World Health Assembly, Asia Trilateral Meeting

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a preview of core PCE inflation and GDP data, and a look ahead to Dell ...

25 Mai 202438min

The City's Election View, Two-Speed Global Growth & AI's Hollywood Offer

The City's Election View, Two-Speed Global Growth & AI's Hollywood Offer

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) In the City of London, executives are looking forward to the imminent general election as a chance for clari...

24 Mai 202416min

Sunak's Summer Election Gamble & Nvidia Delivers On AI Hype

Sunak's Summer Election Gamble & Nvidia Delivers On AI Hype

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Standing in the rain and being drowned out by protesters playing the Labour Party’s 1997 victory anthem “Thi...

23 Mai 202416min

UK Inflation Upside Surprise  & Nvidia Earning Expectations

UK Inflation Upside Surprise & Nvidia Earning Expectations

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) UK inflation cooled less than expected last month due in part to lingering price pressures at restaurants an...

22 Mai 202416min

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