Podcasts about exchequer jeremy hunt

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Federal Reserve officials are poised to keep interest rates steady for a sixth consecutive meeting and signal no plans for cuts in the near future after higher-than-expected inflation.(2) Japan likely conducted its first currency intervention since 2022 to prop up the yen on Monday, according to a Bloomberg analysis of central bank accounts.(3) Chancellor of the Exchequer Jeremy Hunt has warned the UK's financial watchdog over its plans to name firms it's investigating at an early stage, a rare political intervention against Britain's top finance regulator. (4) New York City police officers surged onto Columbia University's campus late Tuesday, breaking up an escalating protest and arresting pro-Palestinian demonstrators who had barricaded themselves in a building.  (5) Rishi Sunak urged Conservative Party faithful in a pre-election speech to take part in "the greatest comeback in political history," a tacit admission of the long odds the prime minister faces in local votes across England this week. See omnystudio.com/listener for privacy information.

UK Chancellor of the Exchequer Jeremy Hunt talks about inflation in the country, possible rate cuts, the upcoming election and funding Ukraine's war effort against Russia. He spoke with Bloomberg's Kailey Leinz in New York.See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Russian authorities showed footage of four men charged in court with carrying out the deadly Moscow concert hall attack after interrogations that traced their origins to Tajikistan. (2) French authorities have raised their security alert level to the maximum following the deadly Friday attack in a Moscow concert hall.(3) Bond traders are cautiously reloading wagers that burned them just weeks ago as the Federal Reserve and key global peers finally appear set to begin reducing interest rates as soon as June. (4) Britain's ruling Conservative party will promise to keep the generous "triple lock" on state pensions in the upcoming election despite the spiraling cost of the commitment, Chancellor of the Exchequer Jeremy Hunt said. (5) As Donald Trump sits in a Manhattan courtroom Monday for a hearing related to one of his criminal cases, he'll also be facing a moment of truth for his finances: a deadline that same day to either post a bond to cover a $454 million civil fraud verdict or risk having New York state start the process of seizing some of his assets.See omnystudio.com/listener for privacy information.

On this week's AHR Market review.Global equity markets ended the week mixed as fixed income markets posted gains following key central bank announcements and US employment data that showed a healthy but slowing US labour market.The U.S. nonfarm-jobs report last week was somewhat mixed but overall pointed to early signals of a U.S. labour market that is cooling. In testimony before Congress, U.S. Federal Reserve Chair Jerome Powell reiterated the central bank's intention to cut interest rates at some point this year, provided inflation data continues to show continued easing. UK Chancellor of the Exchequer Jeremy Hunt, in his last Spring Budget before a general election, unveiled a reduction in national insurance rates that would amount to a GBP 10 billion payroll tax cut.US equities finished slightly lower for the week whilst US technology fell -1.2%. European equities rose 1.14% to record highs whilst the UK market fell 0.3%. The yield of the 10-year U.S. Treasury bond fell to its lowest level in five weeks. In commodities, oil prices fell -2.7% over the week whilst the price of gold futures surged more than 6% to a record high of around $2,200 an ounce on Friday afternoon. That's all for this week's AHR Weekly Podcast. Thank you for listening and for further investment insights head over to ahrprivatewealth.com.

U.S. Federal Reserve Chairman Jerome Powell reiterates to the House Financial Services Committee that the central bank is not yet ready to begin slashing interest rates. Powell said he required more data to be confident inflation would continue falling before dialling back on restrictive policy. Chinese trade numbers beat expectations for the first two months of 2024. Foreign Minster Wang Yi has hit out at ‘lengthening' U.S. economic restrictions on his country. In Frankfurt, the ECB is expected to keep rates on hold for a fourth consecutive month while in the UK, Chancellor of the Exchequer Jeremy Hunt cuts National Insurance contributions by a further 2 per cent. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

ハント英財務相、３日、ロンドン【ロンドン時事】日立製作所が英国内に保有する２カ所の土地について、英政府が計１億６０００万ポンドで買い取ることで同社と合意したことが６日分かった。 The British government has agreed to buy two land lots owned in Britain by Japan's Hitachi Ltd. for 160 million pounds, Chancellor of the Exchequer Jeremy Hunt said in a budget speech Wednesday.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) UK Chancellor of the Exchequer Jeremy Hunt said his budget will be "prudent" and "responsible," as he tried to temper expectations of Conservative MPs who want eye-catching tax cuts to give their party a pre-election boost. (2) Bond investors are positioning for a potential rise in inflation if Chancellor of the Exchequer Jeremy Hunt cedes to pressure to deliver pre-election giveaways in this week's spring budget. (3) The UK government plans to lower the threshold to qualify as a so-called angel investor in a bid to bolster funding for small- and medium-sized businesses, the Treasury said in a statement. (4) China is set to announce its 2024 growth target and outline its strategy for supporting the slowing economy at the nation's most high-profile annual political gathering this week. (5) US Vice President Kamala Harris has called for a temporary cease-fire between Israel and Hamas as talks drag on over a deal to release hostages taken during the Oct. 7 attacks.  See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) The Supreme Court's decision to take up Donald Trump's bid for immunity from criminal prosecution raises the prospect that a trial to hold him accountable for trying to overturn the 2020 election could face a lengthy delay — potentially until after the November election.(2) Senate Republicans have to choose just how loyal to Donald Trump they want their next leader to be in the wake of Mitch McConnell's bombshell decision to step aside after the November election.(3) Congressional leaders reached a last-minute deal to avoid a disruptive US government shutdown, setting up another clash with ultra-conservatives who swiftly blasted the agreement.(4) Chancellor of the Exchequer Jeremy Hunt has considered scrapping Britain's non-domiciled tax status as he seeks ways to fund pre-election giveaways in his budget next week.(5) Three Federal Reserve officials said the pace of interest-rate cuts will depend on incoming economic data, suggesting the path to lower borrowing costs may look different than in previous rate-cutting cycles. See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) President Vladimir Putin said Russia hasn't achieved its objectives in Ukraine yet, adding in an interview with former Fox News host Tucker Carlson that he would consider negotiations if the US stops supplying weapons to Kyiv. (2)  President Joe Biden forcefully — and at times angrily — sought to combat suggestions his acuity was declining in a hastily-arranged press conference Thursday night. But the 81-year-old leader may have made his biggest election-year liability worse. (3) US regulators will begin requiring hedge funds to confidentially share more information about their investment strategies. (4) Chancellor of the Exchequer Jeremy Hunt said he is "very attracted" to the idea of creating a tax-free savings account for investing in British stocks — a so-called British ISA — as part of efforts to boost the UK's struggling stock market. (5) Once treated as heirlooms, pro football franchises are now billion-dollar businesses, and a new class of investors is circling See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) UK Chancellor of the Exchequer Jeremy Hunt suggested falling debt interest costs may give him the headroom to deliver tax cuts at his budget in the spring, boosting the governing Conservative Party in what's likely to be an election year.(2) The Czech Republic declared Saturday a national day of mourning after the worst shooting in the country's history left at least 15 people dead at Prague's Charles University.(3) Apple has stopped selling the Apple Watch Series 9 and Ultra 2 in the US on its online store, just days before a ban related to a patent dispute takes effect.(4)  Elon Musk is lashing out at the state of US financial markets. In a wide-ranging talk with ARK Investment Management's Cathie Wood he bemoaned the high regulatory burden faced by publicly traded companies, the pressure from shareholders that limits efficiency, and how passive investing is stoking volatility.(5) The shift away from cars with dirty combustion engines is running into a new hurdle: Drivers don't want to buy used electric vehicles, and that's undermining the market for new ones, too.See omnystudio.com/listener for privacy information.

UK Chancellor of the Exchequer Jeremy Hunt outlines the new financial agreement reached by the UK and Switzerland to align financial services between the countries, the possibility of future agreements and ongoing strikes in Britain. He speaks with Bloomberg's Lisa Abramowicz.  See omnystudio.com/listener for privacy information.

Sam Altman's hopes of returning as head of OpenAI are seemingly dashed following a series of last-ditch talks. CNBC confirms former Twitch boss Emmett Shear is set to be appointed interim CEO. U.S. equities are higher for a third consecutive week as cooling inflation buoys sentiment. In Japan, the Nikkei 225 hits a 33-year high. UK Chancellor of the Exchequer Jeremy Hunt promises not to add any inflationary tax cuts in this week's Autumn Statement, but says that he is committed to bringing down the country's tax burden. In the Middle East, U.S. -Israeli-Hamas negotiations reportedly inch towards a pause in the fighting in exchange for the release of Israeli hostages in Gaza. And in Argentina, newly elected Javier Milei wins the presidential run-off and promises shock therapy for the country's economy. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. 1) Earnings continue...one big company reporting this week is Nvidia. According to Bloomberg Intelligence...Nvidia is likely to report another beat in its fiscal 3Q earnings results and guidance. 2) In the UK: Chancellor of the Exchequer Jeremy Hunt likely has limited scope to ease fiscal policy in his upcoming Autumn Statement. Bloomberg Economics expects near-term growth and inflation impact of the Autumn Statement will be broadly neutral. 3) In Asia: The Biden administration's decision to remove a Chinese organization from a sanctions list as part of a deal to combat the fentanyl crisis marks an unusual concession to Beijing's complaints over US trade restrictions.  4) In Washington: President Joe Biden signed a stopgap bill to extend government funding into early 2024, averting a government shutdown for now but kicking a politically-divisive debate over federal spending into a presidential election year. Full transcript: See omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. 1) Earnings continue...one big company reporting this week is Nvidia. According to Bloomberg Intelligence...Nvidia is likely to report another beat in its fiscal 3Q earnings results and guidance. 2) In the UK: Chancellor of the Exchequer Jeremy Hunt likely has limited scope to ease fiscal policy in his upcoming Autumn Statement. Bloomberg Economics expects near-term growth and inflation impact of the Autumn Statement will be broadly neutral. 3) In Asia: The Biden administration's decision to remove a Chinese organization from a sanctions list as part of a deal to combat the fentanyl crisis marks an unusual concession to Beijing's complaints over US trade restrictions.  4) In Washington: President Joe Biden signed a stopgap bill to extend government funding into early 2024, averting a government shutdown for now but kicking a politically-divisive debate over federal spending into a presidential election year.  See omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. 1) Earnings continue...one big company reporting this week is Nvidia. According to Bloomberg Intelligence...Nvidia is likely to report another beat in its fiscal 3Q earnings results and guidance. 2) In the UK: Chancellor of the Exchequer Jeremy Hunt likely has limited scope to ease fiscal policy in his upcoming Autumn Statement. Bloomberg Economics expects near-term growth and inflation impact of the Autumn Statement will be broadly neutral. 3) In Asia: The Biden administration's decision to remove a Chinese organization from a sanctions list as part of a deal to combat the fentanyl crisis marks an unusual concession to Beijing's complaints over US trade restrictions.  4) In Washington: President Joe Biden signed a stopgap bill to extend government funding into early 2024, averting a government shutdown for now but kicking a politically-divisive debate over federal spending into a presidential election year.  See omnystudio.com/listener for privacy information.

It's business day of the Conservative Party conference, with Chancellor of the Exchequer Jeremy Hunt due to make a speech making his case to both party members and the business community. Will Bain finds out what people might be hoping for. New green lane-red lane rules for EU border checks in Northern Ireland are enforced from today - what could this mean for Ulster businesses? And after the first weekend of the new season of the Women's Super League has got off to a roaring start, we ask when this might turn into fresh investment coming in.

On Nick Ferrari at Breakfast, we're live from the Conservative party conference in Manchester. Nick speaks with Chancellor of the Exchequer Jeremy Hunt, Former Home Secretary Dame Priti Patel and MP for Chingford and Woodford Green Sir Iain Duncan Smith. We take your calls on the shoplifting epidemic as major retail bosses call for staff protection. All of this and more on the Nick Ferrari Whole Show Podcast.

United Kingdom Chancellor of the Exchequer Jeremy Hunt discusses the latest on the war in Ukraine and artificial intelligence. He speaks with Bloomberg's Joe Mathieu and Annmarie Hordern. See omnystudio.com/listener for privacy information.

Karen Ward, EMEA chief market strategist at JP Morgan Asset Management and a key adviser to Chancellor of the Exchequer Jeremy Hunt, joins hosts Francine Lacqua and David Merritt to unpack key points by central bankers who attended the Jackson Hole Economic Symposium, and what it all means for the BOE and the UK. For the latter, the answer is recession.See omnystudio.com/listener for privacy information.

Nigel Farage is a prominent British broadcaster and former politician. In this interview, in the wake of the controversial closure of Nigel's bank account that led to the resignation of the CEO of Natwest Bank, we discuss the importance of individual sovereignty and the control of money by the state. We also discuss the growing concern over CBDCs and the critical importance of cash. - - - - In June 2023, Nigel Farage had his Coutts UK bank account unexpectedly closed. He firmly believed that this action was a result of political persecution. This sparked a heated debate, with prominent politicians, such as the UK's Chancellor of the Exchequer Jeremy Hunt, expressing concerns about the denial of financial services to those who engage in lawful free speech. The BBC reported in early July that Farage's Coutts account had been shut down because he didn't meet the bank's minimum investment threshold. However, this version of events was untrue. Farage had obtained a document (through a subject access request to Coutts) revealing that the closure of his accounts was in fact due to his political views not aligning with the bank's values. The CEO of the NatWest Group, Dame Alison Rose, was the source for the BBC's initial incorrect story. Natwest, the owner of Coutts, is one of the major UK banks. The British Government bailed out the banking group during the Global Financial Crisis, and they still own 39% of the company. Responding to the mounting pressure, Dame Rose resigned on July 25, 2023. These unfolding events shed light on the challenges faced by individuals when financial institutions seemingly conflate personal beliefs with the provision of banking services. The situation underscores the importance of upholding freedom of speech and the need for transparency and accountability within the banking sector. Show notes: https://www.whatbitcoindid.com/podcast/the-debanking-of-nigel-farage This episode's sponsors: Iris Energy - Bitcoin Mining. Done Sustainably Ledn - Financial services for Bitcoin hodlers Bitcasino - The Future of Gaming is here Ledger - State of the art Bitcoin hardware wallet Wasabi Wallet - Privacy by default Unchained - Secure your bitcoin with confidence

“If the desire of the big institutions to basically prevent a flight of money into bitcoin…what on earth do people do?”— Nigel FarageNigel Farage is a prominent British broadcaster and former politician. In this interview, in the wake of the controversial closure of Nigel's bank account that led to the resignation of the CEO of Natwest Bank, we discuss the importance of individual sovereignty and the control of money by the state. We also discuss the growing concern over CBDCs and the critical importance of cash.- - - - In June 2023, Nigel Farage had his Coutts UK bank account unexpectedly closed. He firmly believed that this action was a result of political persecution. This sparked a heated debate, with prominent politicians, such as the UK's Chancellor of the Exchequer Jeremy Hunt, expressing concerns about the denial of financial services to those who engage in lawful free speech.The BBC reported in early July that Farage's Coutts account had been shut down because he didn't meet the bank's minimum investment threshold. However, this version of events was untrue. Farage had obtained a document (through a subject access request to Coutts) revealing that the closure of his accounts was in fact due to his political views not aligning with the bank's values. The CEO of the NatWest Group, Dame Alison Rose, was the source for the BBC's initial incorrect story. Natwest, the owner of Coutts, is one of the major UK banks. The British Government bailed out the banking group during the Global Financial Crisis, and they still own 39% of the company. Responding to the mounting pressure, Dame Rose resigned on July 25, 2023. These unfolding events shed light on the challenges faced by individuals when financial institutions seemingly conflate personal beliefs with the provision of banking services. The situation underscores the importance of upholding freedom of speech and the need for transparency and accountability within the banking sector. - - - - This episode's sponsors:Iris Energy - Bitcoin Mining. Done Sustainably Ledn - Financial services for Bitcoin hodlersBitcasino - The Future of Gaming is hereLedger - State of the art Bitcoin hardware walletWasabi Wallet - Privacy by defaultUnchained - Secure your bitcoin with confidence-----WBD699 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

NatWest Chief Executive Officer Alison Rose is stepping down after a fight over the way the bank closed accounts held by politician-turned-pundit Nigel Farage. Pressure for her to quit had been rising. Both UK Prime Minister Rishi Sunak and Chancellor of the Exchequer Jeremy Hunt indicated her position was untenable after she admitted talking to a BBC journalist about the account closures. In this week's episode of In the City, host David Merritt discusses the mistakes made by NatWest and Farage's call for more resignations at the bank. Joining Merritt are reporters Harry Wilson and Joe Mayes as well as Bloomberg Opinion columnist Paul Davies.See omnystudio.com/listener for privacy information.

The recent U.S. equities rally runs out of steam as investors lock in profits and mull the rates forecast before Fed Chair Jerome Powell testifies in front of Congress later this week. UK Chancellor of the Exchequer Jeremy Hunt rules out offering government mortgage relief as he meets with bank chiefs to discuss spiralling repayments. Softbank CEO Masayoshi Son makes bullish comments about potential A.I. benefits, shifting the company to an offensive position. Deutsche Post DHL CEO plays down concerns about de-globalisation, telling CNBC that reliance on China is very entrenched and hard to replace. And we are live in North Greenwich, London at the Ukraine Recovery Conference where Rishi Sunak is set to unveil a major new support package to Kyiv.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

With strains on the public purse and the need to keep the UK's risk premium down after September 2022's reckless mini-budget, Chancellor of the Exchequer Jeremy Hunt had limited room for largesse in his 15 March budget. There were some welcome pro-growth measures to help the supply-side of the economy. But while he patched a fiscal hole, the borrowing outlook looks much tougher – meaning the hardest debt decisions await whoever's in power after 2024. Neil Williams, chief economist and Taylor Pearce, senior economist, discuss what's in store for the UK. See also: UK budget patches a hole but borrowing outlook much tougher - OMFIF.

In this highlight of The Pulse; Mark, Rebecca, Scarlett, Felix and Will discuss the new budget announced by Chancellor of the Exchequer Jeremy Hunt.

JPIT's Paul Morrison, policy advisor for poverty and the economy, talks to Roo about his thoughts on the Budget announced today by UK Chancellor of the Exchequer Jeremy Hunt. Who will be most affected by the new policies and what changes would make it better? Useful sites: Citizens Advice https://www.citizensadvice.org.uk/ Food banks https://www.trusselltrust.org/ (other food banks are also available) Community meals https://foodcycle.org.uk/community-meals Christians Against Poverty https://capuk.org/ Find us on: * twitter.com/publicissues * instagram.com/public.issues * facebook.com/jointpublicissues * youtube.com/publicissues Find out more at https://jpit.uk/

HSBC has snapped up the British arm of Silicon Valley Bank for just £1 in a government and Bank of England-brokered private sale.Deal marks the most significant such bailout since the 2008 financial crisis and follows late-night talks over the weekend after the collapse of Silicon Valley Bank's US parent company, amid concerns about liquidity.Chancellor of the Exchequer Jeremy Hunt insisted all deposits for hundreds of UK start-ups have been protected, but the move sparked markets turmoil. Insight on the emergency sale and impact on sector with Jesse Griffiths, chief executive of London's Finance Innovation Lab. Hosted on Acast. See acast.com/privacy for more information.

Despite a big week in politics looming, the row over Gary Lineker's controversial tweet and subsequently stepping back from presenting Match of the Day is dominating headlines this weekend.But that's not all that's happening. Just days ahead of the Spring Budget Sophy Ridge speaks to the Chancellor of Exchequer Jeremy Hunt as well as Shadow chancellor Rachel Reeves. They talk about their own party spending techniques as well as their opposing views on the Lineker row.Plus, ahead of the Sky News Scottish Leadership Debate – Sophy asks candidate Ash Regan some quick-fire questions.On the Sophy Ridge on Sunday podcast, Sophy is joined by political correspondent Liz Bates to analyse all the interviews.Producer: Emma Rae WoodhouseEditor: Philly Beaumont

Police forces have been ordered to do background checks on existing staff in the same way they vet recruits. Also, Chancellor of the Exchequer Jeremy Hunt is mocked over 'Mr Bean-esque' video explaining inflation using coffee cups. Secretary of State for Levelling Up, Housing and Communities Michael Gove joins the discussion. All of this and more on this episode of the Nick Ferrari Whole Show Podcast.

Economist, commentator and podcaster Chris Johns talks to Eamon about the crisis in the UK economy. Brexit comes back on the UK agenda and the Chancellor for the Exchequer Jeremy Hunt kowtows to the financial markets in his Autumn Statement. Recorded on 21st November 2022. Become a member at https://plus.acast.com/s/the-stand-with-eamon-dunphy. Hosted on Acast. See acast.com/privacy for more information.

The Big Swing is the world's first double female-fronted big band. It is led by jazz musicians Georgina Jackson and Emma Smith. On Friday 18th November they will be performing at EFG London Jazz Festival and Cadogan Hall, where they will present their own unique interpretations of the old-school big band jazz tradition, adding their own brand of style and charisma. They join Emma to discuss why they felt the need to elevate female visibility in the big band world and to perform live. Of an estimated 18,000 incels, or involuntary celibates, globally, 2500 of them are based in the UK. ‘The Secret World of Incels' is a Channel 4 documentary that gives a window into their lives and explores what makes them engage with these misogynist online forums that have led to some horrific acts of violence. Presenter, Ben Zand tells us about his experience of entering what he describes as a world full of men ‘addicted to hopelessness'. And Dr Kaitlyn Regehr, an Associate Professor in Digital Humanities discusses her concerns over the normalising of incels into our culture and the growing impact on boys and young men. Are you struggling to make ends meet with inflation at upwards of 11% with rising energy and food prices eating into your budget? Later today the Chancellor of the Exchequer Jeremy Hunt will announce the government's plans for the economy. What will it means for you and for women in all sectors of the economy, whether you're in work, on benefits or on a pension? We talk to Bronwyn Curtis is an expert in finance and commodities and Vicky Pryce is chief economic adviser at the Centre for Economics and Business Research. Presenter: Emma Barnett Producer: Lisa Jenkinson Studio Managers: Andrew Garratt and Steve Greenwood.

This week's episode includes reportage and audio from Tuesday's US midterms, COP27 in Egypt and reaction from Israel's election victory for Netanyahu. I also have financial comment with a senior analyst covering the shock of 75 base point rises in Britain and the US. *Audio actuality:* President of COP26, Alok Sharma, British MP. Craig Erlam, Senior Market Analyst at Oanda. Ambassador Dore Gold, Israel's former permanent representative at the United Nations and closest adviser and friend to new prime minister, Benjamin Netanyahu. *Other audio actuality* President Donald Trump confirming he will "very, very, very probably do it again", run for the presidency in 2024. JC Bua from Reel Political News in Washington DC on the mid terms. British Chancellor of the Exchequer Jeremy Hunt on the Bank of England decision to raise interest rates in line with America's Federal reserve.

British efforts to reverse the Liz Truss-induced calamity, and better-than-expected earnings in the US give a boost to the global financial markets. But the recession fears, the hawkish Fed expectations and headache around a too-strong US dollar are looming risks to the actual investor optimism. In the UK, Britain's newest Chancellor of Exchequer Jeremy Hunt scrapping almost all that was promised in the mini budget, pulled British gilt yields lower, and pushed sterling higher. But a survey from Bank of America showed that investors cut their exposure to the UK stocks since Liz Truss took office. On the earnings front, US bank earnings were mixed, but most banks topped market estimates. Beyond banks, Johnson & Johnson topped estimates, although the shares closed the day slightly down as the company narrowed its outlook due to the strong US dollar, while Netflix jumped up to 15% in the afterhours trading as Netflix added 2.4 million new subscribers in the latest quarter, versus 1 million they had forecasted. Tesla is the next to announce earnings today, after the bell. The Q3 results will likely be good, but will they leave up to high market expectations, is the million-dollar question. The market environment remains harsh as hot inflation from the US, the hawkish Fed expectations, and global recession fears remain major risks. Bloomberg now says the US will be in recession for sure next year, and it is possible that the latest equity rally could again be a flash in the pan before a deeper selloff in equities. Listen to find out more!

Chancellor of the Exchequer Jeremy Hunt ripped up what was left of Prime Minister Liz Truss's controversial economic program. Is that enough to restore confidence in the UK? Jonathan Goldstein, the chief executive officer of Cain International and co-owner of Chelsea FC, tells David and Francine that as long as Truss is prime minister, Britain will continue to look "uninvestable." Plus, Bloomberg editor-in-chief John Micklethwait on Truss's battle to survive.For a daily look at the stories that matter in the UK, sign up now for our newsletter, The Readout with Allegra Stratton:https://www.bloomberg.com/account/newsletters/readout See omnystudio.com/listener for privacy information.

UK Chancellor of the Exchequer Jeremy Hunt has ditched almost all of Prime Minister Liz Truss' tax cuts announced in the British government's mini-budget three weeks ago. He announced the basic rate of income tax would remain at 20 percent indefinitely - instead of being cut. The cap on energy prices charged to British households will no longer last two years and is only guaranteed until April next year. Hunt says the government has to make hard decisions to ensure economic stability for the country. The economic U-turns taken by the conservative government has led to strong criticism of the Prime Minister. In his address to the house of commons earlier Labour Party Leader Sir Keir Starmer said the Truss government cannot provide stability for Britain, only chaos. The Prime Minister has responded to the Chancellor's new economic plan saying the government was charting a new course for growth. She is yet to address the house of commons. BBC international business correspondent Theo Leggett spoke to Guyon Espiner.

Proactive Market Reporter Jeremy Cutler speaks to Broadcast Presenter Thomas Warner following a statement by new UK Chancellor of the Exchequer Jeremy Hunt. The British pound rose by around 0.5% against the dollar after the Chancellor revealed plans to reverse recently-announced tax cuts and reduce financial support for domestic energy consumers. Cutler suggests that investors will find the announcement "encouraging" but highlights the continued threat to the UK economy from high inflation and low economic growth.