UK’s wealthy foreigners look for the exits

Scott Bessent said the US would expand the scope of secondary sanctions on Iran, and JPMorgan Chase is relaxing its approach to lending money against shares in companies that have recently gone public. Plus, US private equity growth funds raised a record amount of capital in the ...  Show more

US Federal Reserve chair Kevin Warsh will seek to soothe investors’ nerves at this week’s Jackson Hole symposium, Andy Burnham is headed to Ukraine for his first overseas trip as Britain’s prime minister, and Saudi Arabia held talks with London brokers for a state-backed war insu ...  Show more

Taxes upon taxes are just one of the reasons that both financial-industry hotshots and businesses are moving out of the Big Apple. We look at what that might cost the city. A snapshot of the drinks business reveals a subtle picture of who is drinking what, and where. And the Chin ...  Show more

Taxes upon taxes are just one of the reasons that both financial-industry hotshots and businesses are moving out of the Big Apple. We look at what that might cost the city. A snapshot of the drinks business reveals a subtle picture of who is drinking what, and where. And the Chin ...  Show more

On today's podcast:
(1) President Biden says China's economic challenges make a Taiwan invasion unlikely.

(2) The UK's Prime Minister confronts the Chinese premier over a Parliamentary spying arrest.

(3) Costs for UK tenants expected to soar by a quarter over ...

Donald Trump is now aiming his trade war squarely at China. As the tit-for-tat tariff battle keeps escalating, investors are fleeing to safe assets. What will happen next? Germany’s Friedrich Merz finally signs a deal for a coalition government (10:12). And remembering Betty Webb ...  Show more