James Walcock, Bloomberg's UK politics reporter, discusses Chancellor Rachel Reeves' controversial billion-pound spending cuts as she faces backlash from her party. Laura Noonan, Bloomberg's senior finance reporter, dives into the growing tension between UBS and Switzerland's financial regulator over stricter capital requirements post-Credit Suisse acquisition. The podcast also touches on the fragile ceasefire between Russia and Ukraine in the Black Sea, highlighting the complexities of global economic and political landscapes.
