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(1042)

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Putin's Tucker Interview, Biden's Memory & Private Equity NFL Interest

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Epstein Staley Go-Between Claims & Chinese Bitcoin Mining in Ethiopia

Epstein Staley Go-Between Claims & Chinese Bitcoin Mining in Ethiopia

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Former Barclays Plc Chief Executive Officer Jes Staley has long maintained that he cut off his friendship w...

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NYCB Cut To Junk, China Stocks & Football's American takeover

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) New York Community Bancorp's credit grade was cut to junk by Moody's Investors Service less than a week afte...

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UBS Share Buyback, China Stocks Support & King Charles Cancer Treatment

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: UBS Group AG will resume share buybacks this year, vowing to hand as much as $1 billion to shareholders in the ...

6 Feb 202415min

US-Iran Escalation, Powell Dismisses March Cut & Trump Vs China

US-Iran Escalation, Powell Dismisses March Cut & Trump Vs China

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) The Biden administration vowed more strikes against Iran's forces and its proxies in the Middle East after ...

5 Feb 202416min

Daybreak Weekend: Earnings Season Continues; European Oil; Lunar New Year

Daybreak Weekend: Earnings Season Continues; European Oil; Lunar New Year

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 - we preview Disney and Uber earnings In the UK  - we detail how big oil ...

3 Feb 202438min

Apple's China Slump, Meta Shines & Why The BOE May Lag The Fed

Apple's China Slump, Meta Shines & Why The BOE May Lag The Fed

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: Apple reported a deepening slump in China during the holiday quarter, even as total iPhone sales were stronger...

2 Feb 202420min

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