Most Firms Tell BCC Sterling Is Too Low, Says Marshall
U.K. businesses have become more cautious about the outlook and may be less inclined to invest and hire since the vote to leave the European Union, according to the British Chambers of Commerce. Citing “muted business investment intentions,” the lobby group used its first quarterly survey since the Brexit vote to call on Chancellor of the Exchequer Philip Hammond to take steps to lift confidence, including approving new infrastructure projects. Interim Director General Adam Marshall and HSBC Senior FX Strategist Dominic Bunning discuss with Anna Edwards and Manus Cranny on "Bloomberg Daybreak: Europe."
Most Recent Videos
Trudeau, Rutte, Fink, Schwarzman Talk Trade with Lagarde
09:34 - Canadian Prime Minister Justin Trudeau, Dutch Prime Minister Mark Rutte, BlackRock Chairman and CEO Larry Fink, and Blackstone Chairman and CEO Stephen Schwarzman talk about the future of international trade with Christine Lagarde, managing director of the International Monetary Fund, at the Bloomberg Global Business Forum at The Plaza Hotel in New York City. (Source: Bloomberg)