Bloomberg Daybreak: Europe Edition Nvidia’s UK AI Bet, Trump & Xi To Hold Call, $1T 'Hedge America' Trade
Sep 19, 2025
Rosalind (Ros) Matheson, Bloomberg's Chief Asia Correspondent, dives into critical global issues. Nvidia's ambitious £2 billion AI investment in the UK marks a significant shift in tech strategy. She also discusses the historic state visit between Trump and Starmer, emphasizing their newfound cooperation. A pivotal call between Trump and Xi could reshape TikTok's future and ease trade tensions. Plus, the Bank of England’s policy adjustments hint at a dramatic shift in economic strategy, sparking market reactions.
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Nvidia's Big UK AI Push
- Nvidia will invest £2 billion into UK AI via venture capital to build infrastructure and scaleups.
- Jensen Huang calls the UK a 'Goldilocks' moment and says the ecosystem ranks third globally behind the US and China.
State Visit: Pageantry Over Policy
- Trump and Keir Starmer ended the state visit highlighting transatlantic ties while avoiding deep policy breakthroughs.
- The visit produced £250 billion of bilateral investment deals and a new tech agreement but limited progress on Ukraine or Gaza.
Bank of England Reworks QT Approach
- The Bank of England slowed its gilt runoff from £100bn to £70bn and kept rates at 4%.
- Governor Andrew Bailey said gilt sales' market impact will be considered when setting bank rates, signalling active QT management.