10% Pay Rises & The City Risks 'Losing Altitude'

Bloomberg Daybreak: Europe Edition
10/05/2023 16 min
10% Pay Rises & The City Risks 'Losing Altitude'

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Episode Synopsis

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Soaring salaries cause a major headache for the Bank of England. (2) Tony Blair tells Bloomberg the City risks losing its status as a high flyer. (3) Biden and McCarthy dash hopes of a deal as the debt ceiling looms ever larger. (4) A jury finds Donald Trump sexually abused and defamed a columnist, awarding her $5m in damages.See omnystudio.com/listener for privacy information.

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