Some of the world's biggest companies are highlighting the deteriorating investment climate in the UK.

An investigation by the Bloomberg has found business leaders believe the government has failed to meet the twin challenges of Brexit and the foreign subsidies arms race.

Archie Norman, Chairman of Marks & Spencer, speaks to Bloomberg Radio's Caroline Hepker about the relationship between business and government post-Brexit. He says the UK government needs a profound industrial strategy to help the country compete on the world stage.

Britain’s Post-Brexit Policy Drift Alarms World’s Executives: https://www.bloomberg.com/news/features/2023-06-11/brexit-hurts-uk-investment-appeal-hasn-t-reduced-tax-or-regulation-execs-say?srnd=premium-uk

Some of the world's biggest companies are highlighting the deteriorating investment climate in the UK.
An investigation by the Bloomberg has found business leaders believe the government has failed to meet the twin challenges of Brexit and the foreign subsidies arms race.
Archie Norman, Chairman of Marks &amp; Spencer, speaks to Bloomberg Radio's Caroline Hepker about the relationship between business and government post-Brexit. He says the UK government needs a profound industrial strategy to help the country compete on the world stage. Britain’s Post-Brexit Policy Drift Alarms World’s Executives: https://www.bloomberg.com/news/features/2023-06-11/brexit-hurts-uk-investment-appeal-hasn-t-reduced-tax-or-regulation-execs-say?srnd=premium-uk

Bloomberg Daybreak delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 2,700 journalists and analysts in 120 countries.

Bloomberg Daybreak delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 2,700 journalists and analysts in 120 countries.

Bloomberg Daybreak: Europe Edition

Britain Adrift Interview: Archie Norman on a Missing Industrial Strategy

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cd8ce797-92e0-42dd-a69d-b01f0060c147/transcript

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

On today's podcast:

(1) Firms across Britain are “in damage control” with nearly half planning to cut jobs after the Labour government’s tax-rising budget, according to the boss of the country’s most influential business lobby group.

(2) The UK could claw back pension tax breaks from asset managers that fail to invest enough domestically, the head of the British Business Bank said in a warning about the stakes for the industry as the government pursues a key growth initiative.

(3)The selection of Scott Bessent as the next Treasury Secretary has fueled a rally in currencies around the world against the dollar, as traders trim bets that the return of Donald Trump will send tremors throughout global markets.

(4) Apple Chief Executive Officer Tim Cook is visiting China for at least the third time this year, showing up at a suppliers’ conference on the same day a top Beijing official convened an important meeting with a group of foreign CEOs.

(5) Iran plans to hold talks about its nuclear program with the UK, France and Germany this week, Kyodo reported on Sunday, citing Iranian diplomatic sources who weren’t identified.

What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg audience survey. 

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Firms across Britain are “in damage control” with nearly half planning to cut jobs after the Labour government’s tax-rising budget, according to the boss of the country’s most influential business lobby group. (2) The UK could claw back pension tax breaks from asset managers that fail to invest enough domestically, the head of the British Business Bank said in a warning about the stakes for the industry as the government pursues a key growth initiative. (3)The selection of Scott Bessent as the next Treasury Secretary has fueled a rally in currencies around the world against the dollar, as traders trim bets that the return of Donald Trump will send tremors throughout global markets. (4) Apple Chief Executive Officer Tim Cook is visiting China for at least the third time this year, showing up at a suppliers’ conference on the same day a top Beijing official convened an important meeting with a group of foreign CEOs. (5) Iran plans to hold talks about its nuclear program with the UK, France and Germany this week, Kyodo reported on Sunday, citing Iranian diplomatic sources who weren’t identified. What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg <a href="https://bit.ly/4eIFhe5" data-destination="https://bit.ly/4eIFhe5">audience survey</a>.

Major Job Cuts Coming Says CBI, UK Funds Tax Warning & Germany’s Bond Boost

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4e18d755-c8b7-41c2-8671-b233006c97a7/transcript

What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg audience survey.



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 look ahead to U.S GDP, and PCE data, and earnings from Macy’s.
In the UK – a preview of the CBI's annual conference.
In Asia – a look ahead to a meeting of the Bank of Korea and Trump-China trade.

What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg <a href="https://bit.ly/48b5Rdn">audience survey</a>. 
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.
<ul>
<li>In the US – a look ahead to U.S GDP, and PCE data, and earnings from Macy’s.</li>
<li>In the UK – a preview of the CBI's annual conference.</li>
<li>In Asia – a look ahead to a meeting of the Bank of Korea and Trump-China trade.</li>
</ul>

Daybreak Weekend: US PCE, CBI Conference, BOK Preview

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0c0b2df0-f7f4-41e1-b6f8-b2300142b75a/transcript

(1) American defense firms should be alert for Russian actors sabotaging their operations at home and abroad as Moscow seeks to undermine support for Ukraine, US intelligence and national security agencies said Thursday. 

(2) Matt Gaetz withdrew from consideration to be US attorney general in a setback for Donald Trump. Gaetz's campaign later disclosed millions in payments to Stripe, drawing an FEC complaint by a campaign-finance advocacy group. Pam Bondi will be nominated instead.

(3) Ken Griffin said he's open to selling a minority stake in his hedge fund Citadel. But he's steering clear of an IPO for his security unit for "the foreseeable future" due to regulatory burdens.

(4) UK consumer confidence posted a surprise increase in November after the budget ended uncertainty over the tax and spending plans of the new Labour government, a survey found.

(5) As the ultra rich flood a once quiet part of Portugal, Christian Louboutin is among those fighting to save the region

What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg audience survey.

(1) American defense firms should be alert for Russian actors sabotaging their operations at home and abroad as Moscow seeks to undermine support for Ukraine, US intelligence and national security agencies said Thursday.  (2) Matt Gaetz withdrew from consideration to be US attorney general in a setback for Donald Trump. Gaetz's campaign later disclosed millions in payments to Stripe, drawing an FEC complaint by a campaign-finance advocacy group. Pam Bondi will be nominated instead. (3) Ken Griffin said he's open to selling a minority stake in his hedge fund Citadel. But he's steering clear of an IPO for his security unit for "the foreseeable future" due to regulatory burdens. (4) UK consumer confidence posted a surprise increase in November after the budget ended uncertainty over the tax and spending plans of the new Labour government, a survey found. (5) As the ultra rich flood a once quiet part of Portugal, Christian Louboutin is among those fighting to save the region What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg <a href="https://bit.ly/4eIFhe5" data-destination="https://bit.ly/4eIFhe5">audience survey</a>.

Russian Sabotage Threat, Trump's New AG Pick & Christian Louboutin Vs Ultra Rich Tourists 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/2e7d7f7b-72cc-4efc-b285-b23000718c47/transcript

Britain Adrift Interview: Archie Norman on a Missing Industrial Strategy

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