00:00 TOM: THIS IS BLOOMBERG DAYBREAK: EUROPE I'M TOM MACKENZIE IN LONDON. > > WE HAVE INFLATION BACK BELOW THE BANK OF ENGLAND'S 2% TARGET, SO IT IS NAILED ON THIS QUARTER-POINT CUT TODAY, SO THE FOCUS IS ON THE PATH AHEAD BUT YOU HAVE SPANNERS THROWN INTO THE WORKS, RACHEL REEVES' BUDGET AND THE GILT MARKET, THE BIGGEST LOOSENING …
Scholz will head a minority government with coalition partners, the Social Democrats and Greens, after firing his finance minister from the Free Democrats. Germany’s ruling three-party coalition has collapsed after Chancellor Olaf Scholz fired his finance minister, paving the way for an early election and triggering political chaos in Europe’s largest economy. The collapse of Scholz’s political alliance caps months …
