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UPDATE: A 'Golidilox' UK Jobs Report, Sunak's Crunch Vote & An Epic Victory | Bloomberg...
Posted
December 12, 2023
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December 12, 2023
184
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16:08Now PlayingYour morning briefing, the business news you need in just 15 minutes.
On today's podcast:
(1) UK wage growth slowed at the sharpest pace in almost two years, a further sign that the labor market is cooling in response to a flagging economy. Bloomberg's Senior UK Economist Dan Hanson says it's "a little bit of a Goldilocks report".
(2) Right-wing members of Rishi Sunak's UK Conservative Party caucus said his attempt to implement a plan to deport asylum seekers to Rwanda "doesn't go far enough," underscoring the risk to the prime minister of a Parliamentary rebellion.
(3) Talks are ongoing to secure an oil and gas cut agreement on the final day of the COP28 climate summit in Dubai.
(4) Google's mobile app store maintains a monopoly in the market for distribution of programs and payments on its Android software, a federal jury in California decided, dealing a blow to the technology giant in a high-stakes antitrust battle with Epic Games Inc.
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