Lizzy Burden

Jan 8, 2025 | bloomberg.com | Flavia Krause-Jackson |Max Chafkin |Lizzy Burden |Alex Wickham

Having successfully worked to get his candidate elected in the US, Elon Musk is setting his sights on Europe. In a series of posts on his X platform in recent weeks, the billionaire backer of Donald Trump has honed in on Germany and the UK. And the big question is whether he has an endgame beyond provocation, and what that might be. Bloomberg's Lizzy Burden, Max Chafkin, Flavia Krause-Jackson and Alex Wickham will discuss Musk's tactics and plans in a live Q&A at 2pm GMT on Thursday Jan. 9th.

Dec 5, 2024 | financialpost.com | Philip Aldrick |Lizzy Burden |Tom Rees

“We have a very restrictive stance at the moment,” the external member of the Monetary Policy Committee said in an interview with Bloomberg TV Friday. “The weak consumption, the weak investment, and possible damage to supply capacity is what I would worry about, and that’s why I think we should be easing policy more.”Dhingra is the MPC’s most dovish member, voting for rate cuts since February.

Dec 5, 2024 | bloomberg.com | Philip Aldrick |Lizzy Burden |Tom Rees

Bank of England policymaker Swati Dhingra warned that high interest rates are bearing down too heavily on the economy by curbing consumer spending and business investment. “We have a very restrictive stance at the moment,” the external member of the Monetary Policy Committee said in an interview with Bloomberg TV Friday. “The weak consumption, the weak investment, and possible damage to supply capacity is what I would worry about, and that’s why I think we should be easing policy more.”

Dec 2, 2024 | news.bloomberglaw.com | Ellen Milligan |Lizzy Burden |Philip Aldrick

The UK will “war-game” how well its domestic supply chain and military can withstand future shocks, as the government prepares a clearer commitment on when it will increase defense spending. Defense Secretary John Healey announced plans for a new Defense Industrial Strategy, promising to bring jobs to “every nation and region of the UK” as Britain lifts annual defense spending to 2.5% of gross domestic product.

Dec 2, 2024 | financialpost.com | Ellen Milligan |Lizzy Burden |Philip Aldrick

“Our forces need to be better equipped and behind them needs to be an industry that is better able to produce what they need and innovate at the pace of wartime pressures,” Healey told Bloomberg TV in London on Monday. “I’ve made decisions that are long overdue.” Prime Minister Keir Starmer’s government isn’t expected to set out exactly when it will reach the 2.5% goal until June, according to people familiar with the discussions, almost a year after the Labour Party took power.