u.k. assets. more data out of the u.k. later today. also out of the euro zone when it comes to pmi's. later in the day as well, 9:00 a.m. u.k. time, getting a picture across the euro zone when it comes to services and manufacturing, giving us color into what seems to be more optimism when it comes to the health of the eurozone economy. eurozone futures pointing to modest gains. we saw some selling pressure coming through from the likes of nvidia and apple. the ftse 100 futures pointing out by four points. u.s. futures up .1% after the downside yesterday. nasdaq futures pointing to gains of 36 points. let's flip forward and lacrosse asset. not a lot of movement now. the u.s. benchmark, currently the 10 year benchmark, around the 4.3 level. we will continue to watch the front end and longer end as markets continue to adjust their expectations. 4.25 on the u.s. benchmark 10 year. japanese yen continues to be under pressure. japanese officials will have to intervene above that level the market

carolyn: the u.k.ncredible ingredients, good access to capital, we have an absolute powerhouse in the sense of talent and skills here, education. so we have a lot of the brilliant ingredients and you will see that across tech week this week. and if terms of growth capital, yes, the pension reforms will be significant, but we need to look at other options such as venture debt and unlocking more alternative sources of finance for those companies. but we do have all of that potential. we need to stay focused. tom: is the labour party listening to that message? carolyn: i think no matter which government is in power, those are key aspects to consider, as well as the skills. we need to do a lot around homegrown skills, but also, ensuring we still encourage foreign international skills and talent to come into the u.k.. tom: you have a significant role in terms of working through those applications. this is a bugbear of manually -- many a tech executive that ability to get foreign talent. what needs to be don

the u.k.usiness secretary on the shadow business secretary, jonathan reynolds, will go head-to-head in a live, televised debate moderated by bloomberg's francine lacqua and will face questions from britain's leading business trips. catch the debate monday -- business groups. catch the debate monday on bloomberg tv, youtube, on the website, and on bloomberg radio. and switzerland, are expecting a nailbiter decision from the swiss national bank, who was the first among economies to start using as it made a cut in march to 1.5%. let's get more from bastion been wrapped in zÜrich. what is the snp expected to do? seems like there's division on this? >> it's a very open decision, even to snp standards. snp could surprise markets we know that from the cut in march. we could definitely see a lot of movement coming in the franc. volatility is high. the big question is, how will they see the franc? because the currency has appreciated, has started to appreciate last month. has it gotten too strong? if i

u.k.. we have a couple of great stories looking at bargain hunters in the bond markets. for all of the market dynamics, let's get straight to imogen bachra, the market had at natwest. we are in an election campaigning mood and we will not hear from the bank of england until late look at the inflation figures. does it change the dynamic for when they will cut rates? francis: the boe had elevated service price inflation to be the key indicator of inflation persistence and the key of what they were watching to give them the signal they could cut rates. that print at 5.7. it still leaves in august cut in the balance. had it been higher if you could easily say and august cut is off the cards. had it been lower, you can say it brings to a clear base case. but 5.7 is a no man's land but in we are left being august a marginal base case for a rate cut but not a high conviction call and i don't think today's data puts us in a closer that the first rate cut will come in august. francine: that means w

u.k. prime minister rishi sunak and labour's keir starmer get combative in their final tv debate one week ahead of the election. we bring you the highlights. plus, a familiar face is taking the helm of the swiss national bank. we break down what to expect from the leadership of martin schlegel. let's check on the markets because one of the key drivers across the asset to fully in equity markets is micron, a mismatch in terms of expectations and delivery, at least for this maker of memory chips. we will get onto the market moves shortly made that is playing into what's happening in equity markets. you are pointing to a lower start this thursday, june 26th. on the u.k., the ftse 100 looking to a loss of 17 points. as we count down to that election july the fourth next thursday in the u.k. s&p futures stateside looking to losses of 0.3%. nasdaq futures also pointing lower by currently 72 points. part of that will be down to what's happening with micron. let's have a look in terms of the outlo

the u.k.'second richest person, jim radcliffe, tells bloomberg great britain has had enough of rishi sunak and has rolling conservatives. more on this hour. let's get you caught up on how some of these key markets are faring. another very strong session for u.s. equities yesterday with the s&p 500 inching towards another record high, the 35th of the year. we are living sideways but still crucially futures are through 5500. we had slightly weaker than expected retail sales numbers comes through. investors used that as an opportunity to price-in more rate cuts out of the fed this year. we are sitting at 46 basis points of cuts priced in. that's been positive for risk assets all around nasdaq. pointing towards another positive session led by nvidia. it has broken through microsoft to become the most valuable company in the world. your stocks towards the open pointing towards an unchanged open. ftse 100 leaning slightly more negative. in terms of some of the other assets we are watching out for thi

talk about the u.k.. what do you need to see to keep the u.k. ahead? >> the u.k.s top three and the reason is good scientific basis. this is why we came to the u.k. than the government has had great strategy. 12 years ago they announced a strategy with one billion pounds. most countries followed and based their strategies on the u.k.. the u.k. announced another 10 year strategy. tom: you came here from overseas, that talent, the government has talked about restricting visas, is that a roadblock? >> talent is a key risk and the u.k. attracts top talent, but issues like visas and restrictions make that a big risk. tom: you raised a .5 million pounds last year. how willing are investors to get behind this as ai draws attention, is there a drought because of the obsession with ai? guest: we have great deep tech investors in quantum and there have been aliens invested. even with a downturn in investment, quantum investment held up so there are still large funding rounds and we make sure they continue. tom: ai is not crowding this out. indeed, fascinating business. carm

now let's turn to the u.k. election and the leader of the reform u.k.l farage has said at the west provoked russia' invasion of ukraines by expanding the european union and to military alliance eastwards. he was speaking in a wide-ranging interview with my colleague nick robertson. >> when vladimir putin since his troops across the border in 2022, you blame the west. i will read it to you and yo can react. "it was a consequence of eu and nato expansion." is tnt you stand) by? >>od up in the eopea parliament in 2014 and i said, and ote, "ere will be a r in ukraine." y did i y that? it was obvious to me that the effort-eastward expansion -- ever-eastward expansion of nato andhe european union was giving this man a reason to say they are coming to us again. >> you are echoing him. >> no! sorry, i've been saying this, actually, since the 1990's. >> so is he. >> hang on a second. we provoked to this war. of course it is his fault -- of ukrprok to vasion and very interestingly, wheni y person in british poti who predted wh would happen, and everyone said i wa

voters in the u.k. heading to the polls in 10 days' time as the general election enters its final stretch. the next government is set to face a worsening of the so-called misery index over the next 18 months, as rising joblessness outweighs flowing inflation. let's bring in lizzy burden. this is the backdrop to the next government in terms of the economic fragility of the u.k. what is the misery index? >> when i first saw it, i thought it's the feeling when you have to get out of bed on a monday morning, how long it takes you. it was come up -- it was come up with in the 1970's. it is the unemployment side that's likely to be the pain point for the next 18 months for the next government. it speaks to the economic inheritance of whoever wins, which the polls suggest will be the labour party insert keir starmer -- party and serve keir starmer. the next government really needs to think about there is going to be another rise in the national minimum wage, they say, and how that could be prohibitively expens

reform u.k. leader nigel faraj declares his party the opposition to labor after a poll shows the brexit architect ahead of rishi sunak's conservatives. political risk in the u.k. and eurozone. stateside, you got that fourth straight record for the s&p powered by gains from broadcom and adobe. it's the technology story again. questions for the executive going forward in terms of whether that comes through. modest gains. you've seen a divergence between the european and u.s. stock story. s&p futures flat after that fresh record above 5430. nasdaq futures building on the outside of yesterday, pointing higher. let's flip the board and look cross asset. the japanese is in focus. we will break that down for you. throughout the show, in fact. reflect on the auction of the 30 year in the u.s. well absorbed. $22 billion. the 10 year, yields up just two basis points but comfortably around 4.3% levels. there's the japanese yen. pressure coming through as they kick the can on the bond purchase program. curre

this is a real moment for the u.k. and scotland the opening night of the u.k.the tour. >> she has broken almost every record there is. the $2 billion figure you mentioned is not only just broken the previous record, it smashed it. what was the previous? >> elton john's farewell tour, which lasted something like five years, had taken $949 million at the box office. taylor swift surpassed that on the u.s. leg of the tour last year, taking $1 billion. it will double by the end of next -- this year. it is incredible the level. that is only ticket sales. there is merchandise, people spending 65 pounds on a houthi order 10 pounds for a bag. there is the film she sold the rights to that made $250 million the box office. disney bought the rights to that. this is a huge corporation traveling from city to city around the world. >> it is absolutely big business. you can see the excitement around the fans. big into the craft, making their own friendship bracelets. you cover music all the time. how does this crowd differ from the other concerts in your career? >> the thing

let's turn to the u.k. next. we'll come back and talk about u.k. cpi. back to 2%.rent prime minister on track to lose two thirds of the seat they won the last general election. this is according to the analysis from the polling group. they are two weeks away from going to the polls. let's talk about how jim ratcliffe, the u.k. billionaire now relocated to the out of monaco, how he is seeing things evolves. he says this country is ready for a change. he said this in a conversation with francine. >> if you just look at the economic issue for the u.k., in my view, it's quite simple. the u.k. is 2 trillion pounds. the g.d.p. is two trillion pounds. and the government take at least half of it. so the government spend is one trillion pound. so, we spend 60 or 70 ball year. the government spends one trillion. that's an awful lot more. so, you need to spend the money well because you're not spending your own money. you're spend the population of the u.k.'s money. and, you know, there are good reasons why people pay taxes. you've got health care, you've got police. you've g

>> our u.k.respondent unpacking what we heard and that debate -- in that debate and where we stand on this election. more on the electoral politics. now this is evolving and a focus on what's happening with the green party. they say investing in renewables could help tackle the soaring cost of living. they plan to hike public spending with income taxes on high earners and a new wealth tax. adrian ramsey spoke to guy johnson. >> the cost of not acting on the climate crisis is bigger than the cost of acting but in terms of business opportunities, and i work in the renewable energy sector for homes and buildings, but you could say the same about electric vehicles, public transport, farmers producing more food within the u.k., and although sectors, if we give those industries the confidence to invest and grow and have a clear direction from government, than the opportunities in that transition for jobs and business and reduces the root cause -- and reducing the root causes of the cost-of-living crisi

a lot of economists will look at the u.k.ng growth in the last few years and say they actually know what has caused it. there has been quite a big debate in economic circles about why growth has flatlined quite so much since the crash, since 2008. and so this idea that there is a magic wand to wave, it is something not only a u.k. problem but a global problem. we have had growth in the western world, so you know, a lot of people look at that and say that all sounds great and is low on detail and high on optimism. ben: we will talk more about that around those tax issues and i want to run through what the conservatives have been saying because they accused labour of launching a tax trap manifesto. they say that they are planning to put up the capital gains tax on the primary residence. here is a little about what she said earlier. >> labour have deliberately failed to rule out 18 potential tax raises during this election campaign. in relation to each of these tax raises, labour's manifesto deliberately makes no commitment not

request to the u.k. and the politics here with the run-up to the election. liberal democrats have set out a path to rejoin the european union's single market. same business needs closer ties to prosper. the conservative government was to blame for poor relations with the black. >> we are the only party talking positively about engaging with our european friends and neighbors. we are talking about rebuilding without trust that has been so poisoned with the conservatives. when i talked to visitors they are no longer investing and you can because there is no longer people in europe and people are taking it elsewhere. i think that is sad. in the democrats you get a long-term stable policy. so you could tackle these issues , get better trade deals. that is the sort of thing that would attract investment. we saw tens of billions of pounds invested in the u.k. because of liberal democrat policies. we introduced contracts that were transformative in improving our electricity system and making go no carbon. that system was copied the world over. i am proud of our rec

according to the u.k.curity agency, the person died in may and had underlying health conditions. the outbreak is thought to be caused by some supermarket synergies containing salad leaves. the number of metropolitan police officers suspected of placing bets on the timing of the election has risen to seven. one of them a member of rishi sunak's close protection team has been arrested and suspended. scotland yard says it is in vista getting a small number of cases where it is possible that offenses including misconduct in public office may have been committed. and we've just one week to go for the general election. most opinion polls suggested the lib dems could become the third-largest party in the house of commons. they won just 11 seats in 2019, but their leader told the bbc he is hopeful that the party finally turning a corner. a week today we will be voting in the u.k. last night in their final televised debate, rishi sunak and sir keir starmer clashed on tax, immigration, and the welfare budget. the pr

u.k. time. beneficiary of the u.k. politics and the travails of boeing.around 100 wide-body sales. let's look at indian assets. what a sale in the session today. a reversal in more of the gains we saw yesterday as the vote count comes out in india and suggests that modi will have a slimmer majority then please markets and many others had expected. a loss of 4.5% so far on the nifty. a similar picture on the since -- a drop of more than 4%. under pressure, selling off in india, yields up almost 11 basis points in a drop in the ute -- ruby versus u.s. dollar. this is the story we will be keeping a cross in the next few hours, the importance of india with the surprise coming through from the vote count. markets today show is next, more analysis on these markets. this is bloomberg. ♪ her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about

reform u.k.j, has call for -- nigel farage, has called for zero net migration. we'll look at it to tonight's debate and the impact of nigel farage's formal declaration. he is running as a candidate. very warm welcome to the program. so we are just a short time away from the first set peace moment the campaign, sir keir starmer and rishi sunak arriving for just a short time ago. you could argue whether these tv debates matter anymore, but i assure you that leaders know the importance of it. but sides are setting aside time for prep,, sessions, thrashing out the various lines of attack and defense. one senior labour figures it at that sir keir is heading back to his old job, the country's chief prosecutor who would put 14 years of tory rule in the dock. but the labor leader might face cross-examination himself as his own plans come under more scrutiny. he knows he needs a clean bout tonight, nothing to unsettle the polls. the prime minister is hoping he can roll back the years to 2010, the last tim

around world and across the u.k., you're watching "bbc news."e a quick look at the stories today. prime minister of wales has lost the confidence of his party. the motion was brought by the conservatives. he's faced questions about a campaign donation that he received from a millionaire who had convictions for illegally dumping waste. the first minister is not obliged to resign. amanda knox has been reconvicted for murdering her ex roommate. knox will not go to prison. at the time of the investigation she accused a local bar worker who was innocent. a woman has been chaed with assault after a banana milk shake was thrown over the u.k. reform leader. he just announced his decision to run in the constituency. you're watching "bbc news." in gaza, several hundred bodies have reported live been found in mass graves amid the ruins of gaza's al-shifa hospital. they are the bodies of those following the second assault in march. an israeli government spokesman said there wasn't a single civilian casualty during that openings but the bbc has found evidenc

u.k. editor for the french weekly. thank you., it is week three of campaigning ahead of the general election on the 40th of july. in grinsby. the leaders are being quelled. the leaders very facing questions on things like the cost of living crisis, the many. s.s. and immigration. hannah miller is in the spin room just outside where that q&a is now back underway. we're also seeing that on the screen behind you but give us a sense about some of the key issues. this isn't a debate but about facing some very direct questions, not only from the host but also from the all of a sudden. >> yes, it's richie sunak's turn right now. 20 minutes of questions from sky news and then 25 minutes from the audience. we just heard keir storma before this. and it's pretty tricky questions, particularly around taxes and poverty. he was asked why he previously said that jeremy corbin would make a great prime minister and said that at the time he said that he was certain that the labour party wouldn't win the general election. that was back in 2019 and

u.k. time, we will get the german survey. also at 10:00, euro area finalizes cpi.that led to the ecb having the space to cut. 1:30 p.m., u.k. time. the data drop from the u.s. in terms of the health of the consumer. retail sales, 3:30 p.m. they are expected to edge up modestly. that is largely down. it is expected to price cuts by companies. coming up, vladimir putin heads to north carolina for the first time since 2000 as he faces renewed challenges in his work on the ukraine. we will find out what he is expecting to get. this is bloomberg. ♪ iriirfffiro1roecho2xo/u tom: welcome back to "bloomberg daybreak: europe." vladimir putin is on his way to north korea followed by vietnam. rare trips to longtime partners as he faces renewed challenges in his war in ukraine. it is a fascinating trip and agenda for the russian president. he clearly has a big ask for the north koreans. what is it and what is he likely to get from his trip? >> north korea has been supplying russia with acid amounts of munitions. the south korean defense m

if we are privileged to come into serve, i will be the prime minister of the u.k.e got my hope shadow cabinet behind me. reporter: one of those opponents years ago, is now labeled, for she said something to do that her boss did not. cannot disarmament of nuclear weapons but that has to be done in combinaon with other countries. reporter: the scottish national party are opposed to nuclear weapons. the liberal democrats criticize conservative cuts to the army. and the tories are having a go at labour. >> you have keir starmer promising everything on defense, 2.5% when conditions allow. i would love to do everything when conditions allow. it just can't believe a word this guy says. reporter: you have talked about labour spending 2.5% of national income on defense that you have not but timeframe on it. >> we must increase defense spending to do with the increasing threats we face. reporter: by when? >> we will undertake a defense reviewing the first year where we will look at the threats we face, the capabilities we need and set the plan to hit 2.5% as part of that rev

the u.k. health security agency says an tbreak of e. thought to be linked to food is repeated nationally. 113 cases reported since the 25th of may. the u.k. chess a said in england, at least 37 people had been admitted to hospital. police say a body was discovered on thursday morning near the river sore. search had been launched to find -- after they received reports the child who was with family members fell into the water on the 18th of february. >> british scientists have identified a major cause of inflammatory bowel disease which they say could help find new ways to treat the condition. the researchers found a weak spot in our dna present in almost everyone that is affected by the disease. aside from the events taking place in normandy, there were other services of remembrance in the u.k., one at the national memorial arboretum. our correspondent was there. >> it is the place set aside for national reflection. where the country gathers to remember. today, it was where veterans and families came to honor the fallen, recognize servic

rajini: that is the latest in the u.k. -- now to the latest in the u.k. general election.inister rishi sunak says he is not aware of any concerns of candidates being investigated by the gambling to mission over allegations of betting on the general election. mr. sunak had been under mounting pressure from within the conservative party to take a tougher stance against those who are being investigated. with more on that, let's speak to political correspondent harry farley. harry at the spin room at "the sun" newspaper's election debate in london. tell us more about the nature of this debate and what we have heard. >> that's right, rajini, i'm in the spin room all, or what is left of it most have written their scripts for tomorrow. an hour or so ago this room was packed with journalists in the room next door. we had the election special, rishi sunak ancer keir starmer facing i questions from "sun" readers and the political editor. both men managed to get their point across and made the main arguments they've been making throughout this campaign. they had uncomfoable moments.

brexit went badly for the u.k.rine le pen is pulling so well in her party is because she has backed away from frexit and instead picked up all the policies that show euro skepticism. where she to become premier, i think she would be aligned with hungry and a trump policy on europe which essentially means europe would get weaker, not stronger at a time when a lot more countries including ukraine are counting on a stronger europe for their own well-being. david: you take a global look at these things. are there trends you are seeing more broadly? we are seeing a rise of populism, often on the left and the right, not in the center. something in india where mr. modi one won -- mr. modi won -- certainly with donald trump, is there a rise? ian: yes, incumbents are getting weaker generally speaking. you are seeing a strong push for change, elections, except in the small number of countries where the leaders were really seen as being themselves, very supportive of local, working and middle-class. mexico is the exception. t

i could not be more interested in u.k. plc. think we have held such an extraordinary position in financial markets and generally. so anything we can do to keep that shine i think is important. but competition is high. and we should not, in the way we should not in our firms, sit on our hands and think that all our history is going to count for long if we don't keep running. so, i am a great believer that we drive and we continue to strike for u.k. plc. there is such a lot of innovation, creativity, and growth here. there is such a lot of expertise that sits in these small shores. so, anything we can do to keep that alive and keep it at its top game, i am all for. but we operate as a global organization, and i'm going to go where there is strong capability to invest, where the markets are deeper, where the clients need us to be, and where we can find opportunity. and i'm going to continue to look for that. but i am a u.k.-listed ceo who can't help but want this to be great too. francine: up next, robyn grew on being a female lea

and u.k. elections.charting the global central bank cutting cycle. put it all together, go figure. thierry wizman writes, the proposals of france's left-wing and right-wing coalitions both diverge sharply from pro-market principles and fiscal responsibility and could undermine france's relationship with the eu. euro-dollar may settle around 1.05 and linger there. great to get your thoughts. we had two european bulls on earlier in the show. you are going to take the other side, you think this is more than noise, could have a protracted weakening impulse at least through the currency channels. ? thierry: this is not a story about growth, this is about investor confidence, especially in these countries which have had very high deficit ratios. we have seen in the past episodes where the market gets concerned about sovereign credit risk issues in europe and you also see the euro decline in those instances. the case we are facing now is very interesting because it's a major power in the case of france that is

u.k. time.his is bloomberg. ♪ ♪ tom: hamas followed israel, both sides saying conflicting conditions most be met before they will agree to pause fighting. let's get an update with joumanna who has been following the twists and turns. what is the latest on this cease fire? >> officials pushback on friday, in light of commentary. we are getting a response from hamas not agreeing in the sticking point is israel wants hamas out of the picture. qatar is waiting to get an is really response to highlight a proposal to be acceptable in money would like the war to continue to neutralize hamas. at the same time, there was an interview given by president biden and he was asked whether netanyahu's political considerations drove the war. biden said there is every reason to draw the conclusion. those have been met with backlash. president biden has backtracked saying that netanyahu has to work out a very serious problem, underscoring sensitivities in addition to sensitivities between the u.s. and israel and i

significant, seeing some of the u.k. papers covering this, ryan. explain what happened.rd, a russian linked criminal hacking gang broke into synovis' computer system with malicious software, essentially locked down. synovis is an important company, it provides blood testing, biopsy testing for a whole range of hospitals in southeast london in particular. it meant that these hospitals could not test blood for their patients. now into the fourth week of the incident, the hospitals have been unable to test blood at normal capacity, which has caused massive problems for them. caroline: then there is a horror to realize that your own personal information while pregnant, your own newborn, your diagnosis of schizophrenia, might become a more public form of information. hearts go out to those who might the affected, and many are, so i'm wondering about the ramifications. it seems as though the nhs knew that there were vulnerabilities? ryan: the gag behind the attack on friday last week, they published a huge amount of data that they stole from the computers before they were walk

was a tremendous opportunity not only for the u.k., but also for the west as a whole. it wasn't until a few weeks before i was due to actually leave that i was briefed on the possible exfiltration of an agent, unidentified, that would involve members of the embassy staff. i also knew that there was a time bomb ticking under the relationship which would probably explode during my early weeks or months as ambassador. in many ways, this is a split-screen moment. you have a bunch of geopolitical changes that are going on, and you have the long-running spy vs. spy cold war narrative. and they are happening simultaneously. [narrator] but operation pimlico isn't the only threat. a ticking time bomb at the heart of the cia could destroy everything. [narrator] preparations are underway for reagan to make a hopeful and historic approach to gorbachev. but the head of the cia's soviet desk, aldrich ames, is leading a double life and it threatens to derail the political progress. [narrator] ames finally has the cash for exposing soviet double agents motorin and martinov, and he set

u.k. time. 11:30 u.k. time, russia. at 1:30 p.m. u.k. time, the u.s. jobs report, estimates landing at around 180,000. we will see how the data lines up with estimates and how the market reacts to that. you can get a roundup of the stories you need to know to get your day going in today's addition of daybreak. terminal subscribers can go to the terminal. coming up, french president main omicron pledges to send maras fighter jets to ukraine as he and president biden rally support for kyiv in its war against russia and those jets could be on the ground as soon as the end of this year. we will discuss the future of european policy as 27 nations vote in those eu elections. sophie of europe shock to lower joins us. stay with us for that conversation. this is bloomberg. ♪ tom: welcome back. benjamin netanyahu has accepted an invitation to address a joint meeting of the u.s. house and senate on july 24 as israel ups its rhetoric against hezbollah in lebanon by threatening you could be forced into a war with the iran-backed group. present biden has called for

[narrator] closer cooperation between the u.k. and the u.s. is exactly what andropov fears. and in this cold war, andropov looks to his agents for proof. [ken] what intelligence did in those days were they gave us details of the overall picture. we could follow the number of intercontinental ballistic missiles that they had deployed. we could follow the number of new submarines. we could follow the number of new tanks. we could follow all these things that you could see from the satellite. and we could hear about rumblings from poland, or czechoslovakia, or hungary, or bulgaria, or the soviet union to russia. [raymond] this is very typical of my wife and my aunt eating ice cream in the snow outside the bolshoi theatre. i was head of sis station in moscow in early 1980s. civil servants are all signatories of the official secrets act. and what's not in the public domain is rarely not for discussion by us. our station in moscow was quite a small one. the whole apparatus of control and surveillance was very sophisticated. i mean, they used to paint radioactive paint on the botto

people in the u.k. need bitcoin. come on.d: if you think about strike as a platform or app you can buy and sell bitcoin and make payments and their other functionality is. is there a specific use case that you think people in the united kingdom will use most? was it -- was there a clear demand for a specific function. jack: bitcoin is the best performing asset in the history of our species so people want the best experience. that is our baseline and that is why we have been on such a tear, everybody wants our product. where we are in the buyer could cycle this upcoming election is that people need to buy it. new capital will come into the asset class. i think bitcoin will land between 250,000 to $1 million between the next 12 months or so. so that is the highest volume product we have, people who call us to say i need this thing, can you help? ed: one of the headwinds and challenges especially -- that you have outlined before is regulation. and oversight. you -- we have focused on the u.k. and that is just one market in the h

rachel: he was found guilty in a civil case in the u.k..till facing potential monetary fines for that. he is not completely off the hook. it is a stunning victory for him and the u.s.. ed: what was the legal reasoning that came to the conclusion of not guilty? rachel: it was a jury in san francisco and after the verdict the jury said they cannot find a whistleblower at tom amis who says he alerted -- at baton amis -- they do not find him to be credible and they did not think the government proved beyond a reasonable announced -- beyond a reasonable doubt that lynch was directly involved with fraud. ed: while i was reading your reporting lynch and his legal representative teams of the first thing i will do is go back to the u.k. you see the prosecution trying to do everything as a next step? rachel: the judge held another hearing saying lynch is free to go home. he was under house arrest in 24 hour supervision in san francisco during the trial. the judge lifted those restrictions and he is free to go. ed: so to was the vice president for fin

around the world and across the u.k., this is bbc news. ♪ >> in the u.k., serve at's director of campaigningoked into by the gambling commission over an alleged bet of the timing of the general election. he has taken a leave of absence from his job. yesterday revealed his wife, the party candidate in bristol northwest is also being looked into. our political editor has the story. >> if you bet on labor, you can never win. so said this conservative party social media video yesterday afternoon complete with jaunty music. the video has since vanished. >> my name is laura sanders. i'm the conservative party candidate. >> she has been doing the campaigning all over her patch. this is one of her facebook videos. she has worked for the conservative party since 2015. including a head office in westminster. here is her husband, tony lee. he's the conservative party director of campaigning. he took a leave of absence from the job yesterday. >> high can tell how the world will think it looks, not great. but i can't get into -- i can't know what conversations were had with who at what time. >> i later f

france and the u.k. are gearing up for pivotal elections.t will join us next to discuss the potential opportunities and the risks for investors. this is bloomberg. ♪ the all new godaddy airo helps you get your business online in minutes with the power of ai... ...with a perfect name, a great logo, and a beautiful website. just start with a domain, a few clicks, and you're in business. make now the future at godaddy.com/airo you know what's brilliant? boring. think about it. boring is the unsung catalyst for bold. what straps bold to a rocket and hurtles it into space? boring does. boring makes vacations happen, early retirements possible, and startups start up. because it's smart, dependable, and steady. all words you want from your bank. for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. abigail: you are looking at a live shot of the principal room. coming up, special coverage of the cnn presidential debate tonight beginning at 8:00 p.m. eastern. thi

. >> the last five years behind bars in the u.k.ore that, he was holed up four years at the ecuadorian embassy in london. u.s. prosecutors have room -- recommended a 62 month prison sentence on a single espionage charge but under the new agreement mr. assange will walk free due to credit gained by time already spent in prison. joining me now is our correspondent. why has mr. assange flown to saipan? what will happen there? >> julian assange is expected to plead guilty for a single felony in this u.s. district court in saipan in the northern mariana islands. crucially, it is not continental u.s., julian assange has a deep distrust of the u.s. government which he accused of trying to kill him in the past, something washington long denied. he is to travel to the u.s. because he has no confidence in what would happen if he landed there. instead, this picturesque u.s. pacific island is where the last chapter of this saga will play out, after which he will go back to australia. logistically in saipan it is closer to australia than the mai

we will bring you up-to-date on everythinglse happening on the campaign trail here in the u.k..ow, there have been talks and anticipation around a cease-fire deal to end the conflict in gaza. and for weeks those talks and their anticipation has led to nothing. could there be a breakthrough this evening? president biden has been speaking in the last few hours and says israel submitted a comprehensive new proposal for a cease-fire to end its war with hamas. the plan would involve the withdrawal of israeli troops from populated areas of gaza as well as the release of israeli hostages. the president says the proposal has been sent to the palestinian side and he urged hamas to accept it. let's listen to more of what the president had to say. pres. biden: for the past several months, my negotiators of foreign policy intelligence community and the like have been relentlessly focused not just on a cease-fire that would inevitably be fragile and temporary, but on a durable end to the more, that has been the focus. one that brings all the hostages home, ensures israel's security, create a

we are the only british tea shop on the west coast and focused on high quality luxury goods from the u.k. and we have teas and baked goods. we came up with the name because willow is made with baskets and the parklett, a willow green and that is a picnic in the park. i have come up with the idea because i have lived in the neighborhood for a year. seven years ago we had a tea shop. during covid we needed to have a new flavor and rejuvenate the business. we are between two beautiful businesses. i realized with the shop opening next to the bakery, we had a beautiful tea shop in the area. we started with british teas and want to support local tea makers in the local area. and once you have cheese and biscuits need tea and jam and lemon curd and chocolate and all of these parts basically imported from the u.k. our most popular products come from wales. it's an extra cheddar and next popular product is a jam made with alpine strawberry. so you get a taste of a nice strawberry. this is about supporting cheese makers and business in the area and women-owned businesses around the world and alway

rememb that the group of france, germany, italy, japan, the u.k., the u.s., and canada. the u.s. that separate 10-your security deal for ukraine, but at the same time, it g7, signing a deal to back a $50 billion loan for ukraine. now that, controversially, will be funded by the interest that is being generated on seized russian assets. it has been controversial. some within that group not keen to use it in that way, but full details on what exactly has going on as president zelenskyy held in historic 10-year security agreement between the u.s. and ukraine. some seeing this as president biden managing to secure the long-term commitment of the u.s., ahead of what could be very difficult elections i november. we know president trump has previously been rather cool on support for ukraine. he describes his ability, he said, to force through a piece deal between russia and ukraine in 24 hours, so some seeing this as president biden manages to secure a long-term agreement for ukraine before what can be a very difficult election in november. so full coverage as you can see on the bbc new

let's speak to the u.k. correspondent for france24. nice to see you, benedict.al against the equally useful jordan bardella who could ultimately replace him as a minister. it's a big night for him as well as for president macron. guest: it is a big night for france. and there will be another debate with a slightly different cast tomorrow that will also include gabriel attal and jordan bardella who is the president of the national rally. the debate started a short while ago and the gloves are off. this has been a snap election lead at a blistering pace, three weeks between when that infamous, in essence, sunday night of the european election results before the official results, and a french president who has a five year term and was two years into it, decided that he, as is his prerogative, should clarify the situation and dissolve the parliament. hence these elections. in the last few minutes you have got unsurprisingly, mr. attal, has been attracting by della, go ead, permits us to the moon and we will believe you. and then you have jordan bardella who is sayin

in the u.k. we have an election that has been called and it will be over in six weeks.s are possible. seven weeks until the democratic convention starts so there is time. >> if only we had a six week election period, it would be a dream, in the u.s. it feels like six years. there is no mechanism to move joe biden off the ticket. he is the winner of the prima. he will get nominated in several weeks electronically, virtually. unless he withdraws and if he does, it is kamala harris. i wanted to point this out, i've been having some debates today with callings, that when donald trump got convicted of 34 felonies, what did the republicans do? they embraced him. when he was down they picked him up and i think that's what we need to be thinking about. i remember in 2012 when president obama had a very bad bait -- debate, ase referred to in your quote. he was really out of sorts. the party and activists picked him up in the infra structure lifted him and he got it going. i think that's what we need to see as well. joe biden, he does have one more debate, it will be before early

he was tied to multiple instances of using practices in the u.k.as unethical in this country, including fraudulently obtaining february to and other data. today it was announced he is out. he was handpicked by another british journalist who is also facing scrutiny and calls for design. we're joined by a former columnist with the post. i want to point out what's been reported about robert win net. he is a long-time investigative journalist. he helped cover up some clandestine activity and he may have used illegal means in his reporting as well. he's not answered to these allegations. both men have long journalistic records. are these transgressionings enough to say they should not be leading the post? >> i think what we see is a history of prominent journalism. i think some of the practices that they have used, both winnett and lewis have been things that maybe fly in the u.k. but actually run counter to the standards and ethics to have big journalism in the united states. these are things the journal would not do. paying for a scoop. working with a

so i think that -- and we see it in the u.k.announced we're just going tax it like any other income and then just today they announced that, well, you know, if people really put their tune in their fund, then -- their money into their fund then they'll be excused and we'll maintain it as a lower tax rate. so history's teaching us that no has really managed to move. it even trump wanted to change it and didn't. but the biggest donor of trump is steve schwartzman and that's one of the largest owners of carried interest. >> money talks. [laughter] all right prorvetioner, thank you so much for joining us. ludovic there. david, we're looking forward to wall street week. what else you have got coming up? >> coming up on thursday we're going to have glenn hubbard of columbia business school. we all know him. he's got a paper coming out saying there's a third way on economic theory, somewhere between just the markets doing what they want to do and having the government intervene an awful lot, there's a third way. that's glen telling us

protestors in the u.k. vandalizing this prehistoric monument and apparently they struck again today. we'll get that for you and where the group might go next. >> sandra: nathan wade getting ripped over his latest interview and awkward remarks about his relationship with fani willis. >> that's a common misconception. she is not my boss and never been my boss. >> she was a client. >> and i served her well. many were shocked to learn they've been paying 22% on their credit card balances. and if payments were late, as much as 30%. that's over three times the interest rate on a newday 100 va home loan. pay off high rate credit cards and other debt with a lower rate newday home loan. save hundreds a month, thousands a year. ♪ music ♪ ♪ unnecessary action hero! ♪ ♪ unnecessary. ♪ was that necessary? no. neither is missing your daughter's competition to do payroll. with paycom, employees do their own payroll so you don't have to miss your daughter's big day. time to shine. get paycom and make the unnecessary unnece