Business
UK Latest: Sunak Dealt a Double Defeat in By-Elections
Rishi Sunak’s Conservative Party suffered two thumping electoral defeats in different corners of England, underlining the struggle he faces to win over voters ahead of a national vote expected next year. Lizzy Burden reports on Bloomberg Television.
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United Airlines CEO Scott Kirby discusses the company’s ability to pass along higher fuel costs and seeing continued strength in customer demand. Kirby also shares his thoughts on a wealth tax and other US social and policy points on “Bloomberg Surveillance.”
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Small businesses remain a driving force behind economic growth, job creation, and opportunity across the country. Bloomberg Businessweek Daily is Live from the Chase for Business Make Your Move Summit, highlighting the resilience and impact of small businesses across the country. Chase for Business CEO Stevie Baron says while most small business owners are optimistic about their own outlook, that sentiment does not match how they feel about the overall economy. We also hear from Chase for Business Executive Director Dan Russell on how small businesses are boosting the sunbelt economy. Plus Katie Kirkpatrick, President & CEO of the Metro Atlanta Chamber, and Diedra Porché, National Head of Community and Business Development at JPMorganChase, discuss how investments in small businesses boost local economies.
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00:00:00 Bloomberg Businessweek Daily
00:02:40 Markets Rally on SpaceX Earnings
00:03:55 Small Business, Inflation & the Economy
00:04:43 Chase CEO on Small Business Growth
00:07:21 Small Business Optimism & AI
00:12:33 The U.S. Economy Through Small Businesses
00:14:05 Atlanta, the Sun Belt & Business Growth
00:20:33 Atlanta’s Growing Corporate Economy
00:25:18 Affordability, Housing & the Midterms
00:30:04 World Cup’s Economic Impact on Atlanta
00:34:39 Small Business & Community Development
00:39:18 Building a Small Business Ecosystem
00:43:56 Stock Movers: SpaceX, Netflix & Super Micro
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Ukraine President Volodymyr Zelenskyy says he spoke about intelligence sharing with US envoy Steve Witkoff during talks in Norway. Zelenskyy also said he hopes Ukraine’s connection to the Starlink Satellite network will be restored “maybe in 48 hours.”
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Citadel founder and CEO Ken Griffin says investors are “almost certainly” in the midst of an artificial intelligence bubble during an interview with Bloomberg’s Dani Burger at Citadel’s annual Future of Global Markets Conference in New York.
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German Chancellor Friedrich Merz warned against complacency over the dangers posed by Russia, saying that President Vladimir Putin is seeking to not only defeat Ukraine, but to also undermine democracy in Europe.
French protests largely died down after authorities rolled out tougher security measures, including targeted curfews, following protests over the weekend that degenerated into violence, vandalism and looting.
UK joblessness fell and employers added jobs, according to official figures that give an unexpected boost to Chancellor of the Exchequer John Healey ahead of his crucial budget next week.
Today’s guests: Subitha Subramaniam, Sarasin & Partners Chief Economist; Tiina Lee, Citi UK CEO; Spencer Rascoff, Match Group CEO; Vanessa Holtz, Bank of America France CEO
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“The Pulse With Francine Lacqua” is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse with Francine Lacqua Live from Berlin
00:01:55 – Merz; Europe is underestimating Russia threat
00:04:38 – Subitha Subramaniam, Sarasin & Partners Chief Economist
00:15:06 – UK payroll rebound and jobless rate drops
00:15:31 – Tiina Lee, Citi UK CEO
00:25:09 – Tuesday headlines
00:26:04 – Merz: Trying to convince Trump Europe is important for the US
00:31:57 – Nvidia CEO attends Invest in Germany Summit
00:33:01 – Spencer Rascoff, Match Group CEO
00:39:40 – German Chancellor weighs in on France unrests and protests
00:40:48 – Vanessa Holtz, Bank of America France CEO
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@techtinkerin
December 20, 2023 at 10:28 pm
General election
@tomparker7342
December 20, 2023 at 10:28 pm
Who cares its still wef, when are we jailing sunak and boris ? Thats all we wont to know
@sidali2590
December 20, 2023 at 10:28 pm
Rishi sunak is a disgrace
@lw1zfog
December 20, 2023 at 10:28 pm
Ritchy WEF doing the 6UILD 6ACK 6ETTER
@user-ge5to8fp7b
December 20, 2023 at 10:28 pm
Tax Dodger and mr bean moron
@happymelon7129
December 20, 2023 at 10:28 pm
Now it’s time for the new PM to visit museums in London, and to identify which artifacts were stolen from India, and try to ship it back to rightful owner before being forced to resign.
@happymelon7129
December 20, 2023 at 10:28 pm
Should make use of his position to return those artifacts stolen from India
@monkeyboy8424
December 20, 2023 at 10:28 pm
Voters remembered Sunak's BIG LIE to Britain about "government integrity, professionalism and accountability at every level" – 25/10/22.
@Lucky-om6jm
December 20, 2023 at 10:28 pm
A massive victory for common sense in Uxbridge
@Lucky-om6jm
December 20, 2023 at 10:28 pm
Also, a setback for Starmer if we are being honest
@globalinvestor7481
December 20, 2023 at 10:28 pm
Win in Uxbridge is a good for conservatives
@omarsamer504
December 20, 2023 at 10:28 pm
🤡 🤡 🤡
@songsmith31a
December 20, 2023 at 10:28 pm
How many parties in government do well in by-elections in late periods of office in power…precious few, I''ll
wager. The Tories have exacerbated their own situation by their self-destructive behaviour of recent years
but there's still time to offer the electorate reasons to believe that things can be improved between now and
the next general election. But I'm not holding my breath!
@dianeglanville
December 20, 2023 at 10:28 pm
sunak is a nasty peace of work
@markw1413
December 20, 2023 at 10:28 pm
A man who printed £500 billion to give us inflation after an unnecessarily long lockdown which ruinned the economy. Then, to rub our noses in it, he allowed over a million migrants in to the country against the democratic wishes of the people and contrary to manifesto promises. If that is not Nasty Dictatorial behaviour then what is ? This man stinks.
@glennnielsen8054
December 20, 2023 at 10:28 pm
In my opinion, Sunak is one of the few heads of state who can be trusted to work for the good of the country. He deserves better in my eyes.
@AmitKumar-tg7of
December 20, 2023 at 10:28 pm
Lovely lizzie!
@8pap8
December 20, 2023 at 10:28 pm
What is by-election?
@richarddelaney9593
December 20, 2023 at 10:28 pm
The spawn of Saul Alinsky, George Soros and Klaus Schwab.
@adiadindas
December 20, 2023 at 10:28 pm
Sunak is not democratically elected, no wonder. Keep in mind it is Boris Johnson that lead Conservative to win a landslide win one of the best in the history.
@fritobandito5374
December 20, 2023 at 10:28 pm
An unelected Indian man serves as Prime Ministers of the UK and is campaigning on more leftist policies than Labour. Tony Blair is back in charge of the Labour party and out flanking the Tories with right wing rhetoric. It is going as expected. Welcome a technocratic neofeudalism soon, Britain.
@Darren-fm3pe
December 20, 2023 at 10:28 pm
You'll never going to stop denying me my crown, and other countries are making me better offers, so I'll go and prove that what is left of The Crown Jewels belongs to me as wel.
This would leave The UK a republic and being as most in UK are happy to call themselves The Public derived from the word republic. The Public is what you are!
@hieronymusjacabusprincepso5060
December 20, 2023 at 10:28 pm
UK politicians are following USA like poodles and the Brits don't like it.
@heileopold6122
December 20, 2023 at 10:28 pm
Tory MPs are the only ones who think they can win the next election.
@kunalnichani1
December 20, 2023 at 10:28 pm
Why is Joe Saldana reporting on Bloomberg??
@praveenspike
December 20, 2023 at 10:28 pm
When the war ends then the economy will recover till then 0 hope.