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276,000 UK Jobs Lost, Marines Deployed To LA, Europe's IPO Fight | Bloomberg Daybreak: Europe...
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June 10, 2025
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16:15Now PlayingOn today's podcast:
(1) UK employment plunged by the most in five years and wage growth slowed more than forecast, as the labor market deteriorated after Chancellor of the Exchequer Rachel Reeves ramped up the cost of hiring.
(2) The Trump administration escalated its response to anti-deportation protests in Los Angeles with the mobilization of 700 Marines, deploying active-duty military on the ground and deepening tensions with California officials.
(3) Trade talks between the US and China will continue into a second day, according to a US official, as the two sides look to ease tensions over shipments of technology and rare earth elements.
(4) As fewer large companies opt to go public in Europe, the region’s stock exchanges are fighting harder to win the biggest listings.
(5) Keir Starmer’s government said more than three-quarters of pensioners in England and Wales will receive cold weather fuel payments this winter, reversing the bulk of a cut to the benefit that many of his lawmakers blamed for the ruling Labour Party’s waning popularity.
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