Bloomberg's Budget Breakdown And HSBC Cuts Promoted Bankers' Pay

 

Your morning briefing. The news you need in just 15 minutes.

On today's podcast:

(1) The Chancellor gets set to announce a budget plan for business investment.

(2) A US drone collides with a Russian fighter jet over the Black Sea.

(3) HSBC cuts base pay for newly-promoted bankers as the UK prepares to scrap its bonus cap.

(4) Apple bites down on bonuses as Meta sheds thousands more jobs.