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Bloomberg Daybreak Europe

Bloomberg News

Overnight on Wall Street is morning in Europe. Bloomberg Daybreak Europe is anchored live from London and New York tracking breaking news in Europe and around the world. Markets never sleep, and neither does Bloomberg News. Monitor your investments 24 hours a day, around the clock from around the globe. Hosted by Caroline Hepker and Roger Hearing.

Overnight on Wall Street is morning in Europe. Bloomberg Daybreak Europe is anchored live from London and New York tracking breaking news in Europe and around the world. Markets never sleep, and neither does Bloomberg News. Monitor your investments 24 hours a day, around the clock from around the globe. Hosted by Caroline Hepker and Roger Hearing.

Location:

United States

Description:

Overnight on Wall Street is morning in Europe. Bloomberg Daybreak Europe is anchored live from London and New York tracking breaking news in Europe and around the world. Markets never sleep, and neither does Bloomberg News. Monitor your investments 24 hours a day, around the clock from around the globe. Hosted by Caroline Hepker and Roger Hearing.

Language:

English


Episodes

Moody's: Fees Under Pressure For Asset Managers

12/1/2020
The low yield environment has fuelled the growth of passive funds and the pressure on fees for asset managers, says Marina Cremonese, VP and analyst in Moody's Asset Management. She tells Daybreak Europe's Caroline Hepker and Roger Hearing that consolidation is likely in what is a very fragmented industry, and there has already been large M&A this year.

Duration:00:09:25

Stocker: SMEs Lack Knowledge about Government Support

11/30/2020
Anil Stocker, chief executive of MarketFinance, says small businesses at the end of the supply chain are waiting longer to be paid, and only a quarter of U.K. SMEs are confident of surviving 2020. Speaking to Daybreak Europe's Caroline Hepker and Roger Hearing, Stocker says the government's changing guidance has been a problem but businesses do need to investigate what support is on offer.

Duration:00:06:10

Lloyds: Business Confidence Down But Boosted By Vaccine News

11/30/2020
Overall business confidence on the business barometer from Lloyds bank fell three percentage points to -21% in November, the lowest since July, according to Hann-Ju Ho, senior economist at Lloyds Bank Commercial Banking. He tells Daybreak Europe's Caroline Hepker and Roger Hearing that although there was was a slight boost after the news came through of new vaccines, hiring intentions have also decreased, with 38% now anticipating a lower headcount.

Duration:00:04:57

Morgan: Extend Sunday Trading In London

11/27/2020
Ros Morgan, chief executive of the Heart of London business alliance, says London will see people coming back to the West End, even with the city expected to go into tier 2 restrictions in December. She tells Daybreak Europe's Caroline Hepker and Roger Hearing the capital's night time economy is hardest hit by continued restrictions.

Duration:00:05:29

Sheldon: Battery Capacity is Essential to Deliver EVs

11/27/2020
Moving towards electrification is a major part of the governments green plan which we support. Isobel Sheldon, Chief Strategy Officer of Britishvolt, tells Daybreak Europe's Caroline Hepker and Roger Hearing if you want to deliver electric vehicles, you need battery capacity. Sheldon added that the one gigafactory they have in the U.K. needs to scale up manufacturing quick and Britishvolt will play a significant part in that plan.

Duration:00:05:03

Courts: New Testing Program To Cut Quarantine Time

11/27/2020
People travelling into the U.K. will have the ability to take part in a test to release program, says Robert Courts, Conservative MP for Witney and West Oxfordshire and Parliamentary Undersecretary for Transport. He tells Daybreak Europe's Caroline Hepker and Roger Hearing that enables them to take a test on day five after arrival and if it is negative they will be free to go about their business. Courts added that these new government proposals will halve quarantine time and be supported by...

Duration:00:08:15

Kent PCC: Disappointing Whole County Has Been Put In Tier 3

11/27/2020
It's disappointing that all of Kent is in Tier 3 when there are very different infection rates across the county, says Matthew Scott, Kent police and crime commissioner to Daybreak Europe's Caroline Hepker and Roger Hearing. But Scott says that it makes policing simpler if there is a consistent approach throughout the area. He adds that there has been a substantial uptick in people encountered by police trying to break the lockdown rules over the last week including trying to leave the...

Duration:00:04:45

Bruce: Public Procurement in Pandemic Must Be Examined

11/26/2020
Daniel Bruce, chief executive of Transparency international U.K., says that the government's own National Audit Office reports show checks and balances on government spending have been eroded during the pandemic, beyond just the need for speedy acquisitions. He tells Daybreak Europe's Caroline Hepker and Roger Hearing he wants an explicit line of enquiry about pandemic-era government procurement in a full public inquiry.

Duration:00:09:43

Property Portfolio: Commercial Crisis Worse Than Lehman

11/26/2020
People who do not read that we have already had a property crash are over-optimistic says Tony Lorenz, Founder of Lorenz Consultancy. He told Daybreak Europe's Sandra Kilhof on Property Portfolio, that commercial landlords face a 30-50 percent drop in rental income. Lorenz argues that in order for commercial property to survive, its essential to maintain the tripartite relationship between tenants, landlords and lenders.

Duration:00:05:23

IFS: No Provision Made For Covid-Related Spending After 2021

11/26/2020
The Chancellor's review cut around £10 billion per year from departmental spending plans in 2021, and left no provision for Covid-related spending from 2022, Ben Zaranko, research economist at the Institute for Fiscal Studies, tells Daybreak Europe's Caroline Hepker and Roger Hearing. Zaranko says the freeze on public sector wage increases comes on the back of a decade of pay caps and freezes, and relative to pay in the private sector, public sector pay was at its lowest point in more than...

Duration:00:08:47

TUC: Low-Paid Workers Shouldn't Pick Up Pandemic Bill

11/25/2020
The chancellor should think again when it comes to a pay-freeze for public service workers, Paul Nowak, deputy general secretary of the Trade Union's Congress tells Daybreak Europe's Caroline Hepker and Roger Hearing. Nowak says industrial action can't be ruled out in response, but he hopes Sunak will step back from this proposal.

Duration:00:10:05

British Ports: Brexit Deal Won't Halt Disruption Alone

11/25/2020
Those involved in Britain's ports are hoping for a Brexit deal, but Richard Ballantyne, Maritime UK council member & head of the British Ports Association warns it won't make much difference in terms of border processes. Ballantyne tells Daybreak Europe's Caroline Hepker and Roger Hearing the new checks, because the U.K is leaving the customs union and single market, could still have a severe impact.

Duration:00:06:37

Brussels Edition: Biden Signals Transatlantic Relations Shift

11/25/2020
In this week's episode of The Brussels Edition, we explore President-elect Joe Biden's European agenda as he pledges to bring America back to the table and lead. For Fabrice Pothier, chief strategy office at Rasmussen Global, the change in tone signals "adults are back in the room" after four years of Trump. He speaks in an interview with Bloomberg's Maria Tadeo.

Duration:00:08:34

McWilliams: Sunak's Review Must Show Spending Is Under Control

11/25/2020
Douglas McWilliams, deputy chairman and founder of the CEBR, says the Chancellor faces big challenges to restore confidence. He tells Daybreak Europe's Caroline Hepker and Roger Hearing that there will be spending in the U.K. but that Rishi Sunak must show that it's under control, growth will return and that there will be the right kind of tax rises.

Duration:00:05:38

Phillipson: Irresponsible for Sunak to Freeze Public Sector Pay

11/25/2020
Labour says it would be an "irresponsible choice" for the Chancellor to freeze the pay of public sector workers in his spending review. Bridget Phillipson, shadow chief secretary to the Treasury, tells Daybreak Europe's Roger Hearing and Caroline Hepker it would be short-sighted to press ahead with tax rises and spending cuts now when the U.K. economy is so fragile.

Duration:00:07:26

IFO President: German Business Confidence Drops Amid Lockdown

11/25/2020
Clemens Fuest, president of Germany's Ifo Institute, says the latest restrictions have hurt sentiment among German businesses, especially in retail and hospitality, though in manufacturing the picture is brighter. He also discusses the roll-out of a coronavirus vaccine with Daybreak Europe's Caroline Hepker and Anna Edwards.

Duration:00:06:23

Iceland Foreign Min.: Looking for Investment, Avoiding Elitism

11/24/2020
Gudlaugur Thór Thórdarson, Iceland's minister for foreign affairs and international development cooperation, says the country is looking to attract new investment and diversify it's tourism-dependent economy rather than make itself an elite destination. Speaking to Daybreak Europe's Caroline Hepker and Roger Hearing, the minister also discusses relations with the U.S. and U.K., with Iceland in closer contact with the Britain than in decades due to Brexit.

Duration:00:11:56

Pandora CEO: Preparing For Uncertain Xmas Since First Wave

11/24/2020
Danish jewellery company Pandora has been a success story amid the pandemic, with its share price rising 110 percent this year despite the impact of coronavirus. As retailers gear up for a Christmas period unlike any other before, Pandora's CEO Alexander Lacik told Daybreak Europe's Caroline Hepker and Roger Hearing that they have been preparing for this since the first wave hit. As part of this, Lacik said they have invested much more than before in online marketing and e-commerce.

Duration:00:08:34

WHO's Swaminathan: Covid-19 Can Be Eradicated

11/24/2020
There is hope from the new vaccines that the coronavirus can be eradicated says World Health Organisation chief scientist Dr Soumya Swaminathan. She tells Daybreak Europe's Caroline Hepker and Roger Hearing that the world is looking at another six to twelve months of restrictions until enough people are vaccinated.

Duration:00:07:52

Greenspan: Bitcoin's Steep Rise Is A Classic Liquidity Crunch

11/24/2020
Everybody is buying Bitcoin and nobody is selling, pushing the price up, while volatility is baked in, Mati Greenspan founder of Quantum Economics tells Daybreak Europe's Caroline Hepker and Roger Hearing. Greenspan says more mature players and corporations are now getting into the Bitcoin market and realising its value.

Duration:00:04:45