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Leaders with Francine Lacqua

In the City: BONUS: Why Are UK Assets Spiraling Now?

Leaders with Francine Lacqua

Bloomberg

Management, Business, Careers, Entrepreneurship

4.664 Ratings

🗓️ 10 January 2025

⏱️ 24 minutes

🧾️ Download transcript

Summary

It’s been a rough week for UK assets. The pound fell to its lowest level in a year, gilt yields surged and investors are losing confidence in the government’s ability to control the nation’s deficit and high borrowing costs. Why are things spiraling now?  Senior reporter Phil Aldrick joins this week’s In the City to explain. 

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Transcript

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1:07.2

Venn, comparisons are being made to Liz Truss, but is this more Callahan than Truss?

1:11.9

Is this more 76 than 22?

1:14.0

Possibly. What we are seeing in the UK guy is a train brake in slow motion.

1:21.1

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1:23.3

The City of London.

1:25.3

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1:28.1

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1:32.0

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...

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