Osborne Ignoring 'Threats' Caused by the EU, Says Truell
U.K. Chancellor of the Exchequer George Osborne will warn that leaving the European Union could spark a fiscal crisis, as “Remain” supporters battle to turn around a referendum campaign that’s slipping away from them. Reduced trade and investment would leave a 30 billion pound ($42 billion) “black hole” that would have to be plugged by increased taxes and cuts to spending on health, education and defense, Osborne will say in a speech on Wednesday. He’ll share the platform with Alistair Darling, his predecessor from the opposition Labour Party, who’s also urging Britons to vote “Remain” in the June 23 referendum. Disruptive Capital Finance Chairman Edmund Truell discusses with Bloomberg's Anna Edwards in London and Manus Cranny in Dubai on "Countdown."
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Trump, Democrats Talk Taxes at White House Dinner
34:06 - President Donald Trump hosted three Democratic senators at a White House dinner Tuesday in an effort to win their support for a tax overhaul. Bloomberg's Kevin Cirilli reports on "Bloomberg Surveillance." (Source: Bloomberg)