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Podcast: Bloomberg Daybreak: Europe Edition
Episode: Reeves Vows ‘No Return to Austerity’ & Ultra-Rich Tax Warning
Description: Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The UK’s new Labour government won’t return to the austerity cuts of its Conservative predecessors, Chancellor of the Exchequer Rachel Reeves will promise on Monday, as she pivots toward a more positive narrative after weeks of warning about the dire state of the public finances.(2) Prime Minister Michel Barnier opened the door to taxing wealthy individuals and large companies in a bid to repair France’s massive budget deficit and reassure international investors.(3) Olaf Scholz’s Social...