Pentagon Braces for Budget Cuts: Surveillance (2/8)

Feb. 8 (Bloomberg) -- On today's "Bloomberg Surveillance," the focus is on the Pentagon bracing for sequester budget cuts, how Apple will return cash to shareholders and the trustworthiness of China's economic data.

U.K. Faces Hard Brexit as Consumer Confidence Wanes
09:44 - U.K. households are starting to feel the pain from Brexit-induced pressure on their finances. Multiple reports on Friday showed consumer confidence falling and a weakening of households’ spending power. All of that is likely a reaction to a jump in inflation, which some economists see reaching 3 percent next year as the pound’s post-referendum depreciation feeds through into prices. Brewin Dolphin Head of Fund Research Ben Gutteridge discusses with Nejra Cehic and Manus Cranny on "Bloomberg Daybreak: Europe."
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