UPDATE: UK Growth Surprise & UBS Exits Backst...

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) Prime Minister Keir Starmer said the UK wouldn’t have to choose between the US and China, as he heralded “significant opportunities” for British businesses ahead of his trip to Beijing this week. ...  Show more

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Senate Republican leaders plan to reject Democratic demands to split off funding for the Department of Homeland Security and pass the rest of a giant funding package needed to avert a part ...  Show more

UBS agreed to buy Credit Suisse for $3.25bn after a frantic weekend of negotiations brokered by Swiss regulators, leading central banks have taken fresh measures to improve global access to dollar liquidity, and the Biden administration is under pressure to call for an expansi ...

In this episode, we focus on the Swiss firm Credit Suisse after their shares fell over 30% on Wednesday this week. 

In fact, the headline of the Daily Telegraph, a major news publication in the UK read, "Swiss bank crash stokes fears of a new global crisis as UK ...

The Federal Reserve announced its largest interest rate increase since 1994. And it's the equivalent of the US central bank taking a baseball bat to the economy, according to the FT’s US financial commentator Robert Armstrong.  

In this wee ...

This week, one central bank after another made it clear that interest rates need to stay higher for longer. As a result, government bond yields rose sharply, the US dollar strengthened and equities sold off. Only the Bank of Japan remains on a different wavelength, keeping its ...