Storm Shadow And ICBM: UK Missiles Part of Ukraine Russia Escalation
Ukraine says Russia has fired an intercontinental ballistic missile at the city of Dnipro. If confirmed, it would mark the first use of the weapon in combat since it was created at the start of the Cold War. Bloomberg Opinion columnist Marc Champion and head of Bloomberg Media Editorial David Merri…
The Power of Prices: Does Labour Need To Worry About Inflation?
The latest inflation data shows the pace of prices is picking up, rising to 2.3% in October. Our Chief UK economist Dan Hanson explains why, and if it's likely to increase further. Given the cost of living was a major election issue, our UK government reporter Joe Mayes discusses how worried the La…
Food For Thought: Farmers Protest Inheritance Tax Changes
'Betrayed'. That's how National Farmers' Union Vice President Rachel Hallos described members' feelings towards the government, a year after Keir Starmer told their conference how much Labour valued the industry. She joins us today to explain why farmers are so angry at plans to impose 20% inherita…
Keep Your Friends Close: Starmer at the G-20
Keir Starmer is in Brazil for the G-20 gathering of world leaders at a time when tensions are high over Ukraine, the Middle East and the potential effects of Donald Trump in the White House. Starmer will also become the first UK Prime Minister in six years to meet Chinese President Xi Jinping, but …
Pensions Push: Rachel Reeves Tells Us Her Plan To Boost Investment
The Chancellor Rachel Reeves wants to create pension 'megafunds' to keep more money invested in Britain. She hopes it will kick start Britain's economic and productivity growth. Ahead of her Mansion House speech to the City of London, she talked to Lizzy Burden about her plans. We also hear from L…
Efficiency, Elon Musk Style: Can Britain's Government Work Better?
Elon Musk reckons he can cut $2 trillion from the US government's spending plans, almost a third of their yearly budget. He's the latest in an string of public figures promising to cut 'government waste'. With rising bond yields wiping out Chancellor Rachel Reeves's fiscal headroom, does she too ne…
Climate Politics Heats Up: Starmer Attends COP Summit
The Prime Minister is at the COP climate change meeting, aiming to position the UK as a leading green champion with a new carbon emissions target. But has Britain been putting its green money where its mouth is? Bloomberg's Joumanna Bercetche joins us from the summit, being held in Baku, the capita…
An Inhospitable Reception: Warnings of 'Drastic' Job Cuts Over Tax Hikes
More than 200 bosses from the hospitality sector have signed a letter saying the government's National Insurance tax hike will force them to "drastically cut jobs". It's one of the most direct warnings yet about the budget's impact. We speak to the CEO of UKHospitality Kate Nicholls, who wrote the…
Safety in Numbers: Does UK Defence Spending Need to Rise with Trump in the White House?
Keir Starmer's pledges on defence spending may not be enough for president-elect Donald Trump, who says NATO members need to put far more into their own military budgets. With the Prime Minister joining EU leaders for a summit in Hungary, we asked the Royal United Services Institute's Military Scie…
Trump Wins: What will a Second Term Mean for the UK?
Donald Trump has decisively won the US presidential election. How will America's 47th president change the world, and how should Britain and Europe respond? Our UK economy and government managing editor Brendan Scott and Bloomberg's Brussels bureau chief Kevin Whitelaw, who covered the first Trump …