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(1045)

Rwanda Deportation Bill, Goldman's Paris Move & Gucci Eyes Designer Transition

Rwanda Deportation Bill, Goldman's Paris Move & Gucci Eyes Designer Transition

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Zelenskiy Welcomes Aid, A TikTok Countdown & Tesla Woes Mount

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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 U.S core PCE and GDP data, and Tesla earnings. In the UK –...

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Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Israel launched a retaliatory strike on Iran less than a week after Tehran’s rocket and drone barrage, accor...

19 Apr 202414min

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Bailey Bullish On Inflation Fight, UBS Job Cuts & EU ‘Paradigm Shift’

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Bank of England Governor Andrew Bailey said the UK and the rest of Europe are facing less of an inflation ...

18 Apr 202416min

UK Inflation Overshoots, Powell Signals Cut Delay & Dimon Talks AI Jobs Impact

UK Inflation Overshoots, Powell Signals Cut Delay & Dimon Talks AI Jobs Impact

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) UK inflation slowed less than expected last month as fuel prices crept higher, prompting traders to unwind b...

17 Apr 202416min

Powell Signals Cut Delay, Bailey More Confident & Hunt On 'Feel-Good Factor'

Powell Signals Cut Delay, Bailey More Confident & Hunt On 'Feel-Good Factor'

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Federal Reserve Chair Jerome Powell signaled policymakers will wait longer than previously anticipated to cu...

17 Apr 202420min

Israel Vows Response, China Growth Fades & Criminalising Deepfakes

Israel Vows Response, China Growth Fades & Criminalising Deepfakes

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Top Israeli military officials reasserted that their country has no choice but to respond to Iran's weekend ...

16 Apr 202417min

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