UK Chancellor Speaks to Bloomberg And JPMorgan Bosses Go Back To The Office
Bloomberg Daybreak: Europe Edition
00:00
The UK's Economy Is in a Difficult Period
The IMF expects the UK economy to shrink by 0.3% this year and expand by just 1%. The Bank of England's Governor Andrew Bailey said financial stability will help determine when the BOE stops quantitative tightening. Apple assembled more than $7 billion of iPhones in India in the last financial year, tripling production after accelerating its move away from China.
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