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(1039)

Biden Diplomacy, Xi-Putin Meeting & Goldman CEO Stops DJing

Biden Diplomacy, Xi-Putin Meeting & Goldman CEO Stops DJing

On today's podcast:(1) President Biden will travel to Israel tomorrow in a show of US solidarity with its closest ally in the Middle East. (2) Russian leader Vladimir Putin has arrived in Beijing for ...

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The Risks Of War & China Chip Clampdown

The Risks Of War & China Chip Clampdown

On today's podcast: (1) President Biden is considering a trip to Israel as Western nations ramp up efforts to prevent the war with Hamas from engulfing the region. (Interview) (2) The US is planning t...

16 Okt 202316min

Bloomberg Daybreak Weekend: Bank Earnings, Euro Inflation, China

Bloomberg Daybreak Weekend: Bank Earnings, Euro Inflation, China

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 a preview of the upcoming bank earnings, the inflation fight in the...

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Gaza Evacuation Call & US Bank Earnings

Gaza Evacuation Call & US Bank Earnings

On today's podcast: (1) The Israeli army tells one point one million civilians to leave northern Gaza, something the UN says is "impossible". (2) Fed policy makers say moves in the bond markets are yi...

13 Okt 202316min

Gaza Ground Offensive Looms & Barclays CEO Talks Earnings

Gaza Ground Offensive Looms & Barclays CEO Talks Earnings

On today's podcast: (1) Five days after Hamas carried out the deadliest assault on Israel in half a century, both sides are bracing for a major ground attack on Gaza. (2) More than 2,400 people have b...

12 Okt 202321min

Israel Masses Forces & Starmer Invokes Blair

Israel Masses Forces & Starmer Invokes Blair

On today's podcast:(1) The combined death toll from the conflict between Israel and Hamas is now over 2,000. (2) Israel's military said it's building a base for thousands of soldiers in preparation fo...

11 Okt 202316min

Israel Response, Reserve Call Up, Labour Conference

Israel Response, Reserve Call Up, Labour Conference

On today's podcast:(1) More than 900 Israelis, mostly civilians, are now known to have died in Hamas's attacks at the weekend. Nearly 700 Palestinians have been killed during retaliatory strikes. (2) ...

10 Okt 202322min

Israel-Hamas Conflict & Labour's Great Expectations

Israel-Hamas Conflict & Labour's Great Expectations

On today's podcast:(1) The death toll from the conflict between Israel and the militant group Hamas has passed 1,100. (2) The Hamas incursion was Israel's worst military and intelligence failure in 50...

9 Okt 202324min

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