Bloomberg Daybreak: Europe Edition $10 Billion In UK-US Deals, Cook Can't Be Fired Yet, UBS’s Swiss Standoff
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Sep 16, 2025 Tiwa Adebayo, a Bloomberg Radio reporter in London specializing in financial news, dives into the latest in global economics. She discusses Donald Trump's expected $10 billion economic deals during his UK visit and the ongoing political chaos surrounding Prime Minister Keir Starmer, marked by senior resignations. Adebayo also covers UBS's regulatory challenges, highlighting the bank's strategic maneuvers to adapt to new capital requirements while navigating market trends and international relations with China.
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Big US Investment Push In UK
- Donald Trump expects to announce over $10 billion of US investments into the UK during his state visit.
- London wants further reforms to steer pension capital into British equities to fill a £150bn funding gap.
Starmer's Team In Turmoil
- Keir Starmer lost his Director of Strategy and other senior figures amid revelations about ties to Jeffrey Epstein.
- Starmer publicly said he would not have appointed Peter Mandelson had he known the full extent of his relationship with Epstein.
BoE Likely To Pause Rate Cuts
- Economists now broadly expect the Bank of England to keep rates at 4% after inflation spikes.
- Limited further cuts would increase pressure on Chancellor Rachel Reeves amid recent tax hikes.