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Speaker 1: Good morning.

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Speaker 2: I'm Nathan Hager and I'm Karen Moscow. Here are the

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Speaker 2: stories we're following today.

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Speaker 1: We begin with the global economy and interest rates. The

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Speaker 1: Federal Reserve makes a policy decision this afternoon, and while

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Speaker 1: the Central Bank is not expected to make any move,

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Speaker 1: there is much anticipation to the message Jay Powell will deliver.

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Speaker 1: We get more from Bloomberg's Michael McKee.

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Speaker 3: Once again, it's a question of what they say rather

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Speaker 3: than what they do. Markets have priced out any chance

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Speaker 3: of a rate increase from the Fed. Instead, investors will

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Speaker 3: focus on clues to what the Central Bank's plans are

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Speaker 3: going forward. Will they keep their June forecast of at

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Speaker 3: least one more rate hike before the end of twenty

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Speaker 3: twenty three, and what will their revised economic forecasts say

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Speaker 3: about the chances of rate cuts in twenty twenty four.

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Speaker 3: We'll also get officials updated outlooks for employment, growth and inflation.

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Speaker 3: Expect Chairman j Powell to emphasize uncertainty in his post

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Speaker 3: decision news conference as the economy faces headwinds including rising

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Speaker 3: oil price is, a government shutdown, and the auto workers strike.

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Speaker 3: Michael McKee, Bloomberg Radio.

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Speaker 1: All Right, Mike thanks to stay with Bloomberg for full coverage,

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Speaker 1: including the Bloomberg Surveillance special. The Fed decides later this afternoon.

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Speaker 2: Well, Nathan, as we wait for that Fed decision, we

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Speaker 2: got a surprise you can Numberg report that could impact

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Speaker 2: tomorrow's Bank of England decision, and we go to London

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Speaker 2: and get the latest with Bloomberg's You and Potts.

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Speaker 1: You and good morning, Good morning, Karen, Nathan.

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Speaker 4: Britain's inflation rate has unexpectedly dropped to the lowest level

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Speaker 4: in eighteen months. CPI in the year to August came

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Speaker 4: in at six point seven percent. Economists not the first

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Speaker 4: time they've been wrong. We're expecting the reading to tick

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Speaker 4: up to seven percent. And good news on the UK's

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Speaker 4: core inflation rate, which fell sharply from six point nine

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Speaker 4: to six point two percent. Investors have reined in bets

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Speaker 4: for further tightening from the Bank of England, though a

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Speaker 4: quarter point hike is still the consensus. We'll find out

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Speaker 4: tomorrow in London. I'm you in Pot's Bloomberg Daybreak.

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Speaker 1: All right, ew and thank you all. This morning, we're

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Speaker 1: seeing more calls for oil to reach one hundred dollars

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Speaker 1: a barrel Goldman Sacks is raising its forecast for crude

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Speaker 1: back to triple digits as demand booms and OPEC plus

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Speaker 1: supply curves tight in the market, with prices rising more

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Speaker 1: than thirty percent since mid June. Goldman pushed up its

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Speaker 1: twelve month forecast for Brent to one hundred dollars from

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Speaker 1: ninety three and checking Brent right now, it's at ninety

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Speaker 1: three zho two a barrel. That's down one point four percent.

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Speaker 1: Nine X Crud's down one point four percent as well,

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Speaker 1: at eighty nine dollars ninety cents.

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Speaker 2: Well. Another call this morning, Nathan, this one on the

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Speaker 2: Equity Markets Bank of America. Savita Supermanian is boosting her

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Speaker 2: target for the S and P five hundred after this

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Speaker 2: year's rally left many forecasts in the dust. The strategist

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Speaker 2: now expects the benchmark to end the year at four thousand,

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Speaker 2: six hundred, about a three and a half percent gain

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Speaker 2: from current levels. Her previous SMP target was forty three hundred.

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Speaker 1: Sticking with Markets, Karen, After starting trade yesterday in Stackhart

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Speaker 1: shares are down as much as five percent in the

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Speaker 1: pre market. The drop follows yesterday's volatile action for the

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Speaker 1: online grocery delivery firm. The stock initially surged forty three percent,

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Speaker 1: but ended the day with a gain of twelve percent.

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Speaker 1: We get more from Bloomberg's Katie Roof.

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Speaker 5: It's quite better than what they were initially hoping several

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Speaker 5: days ago, but definitely it's lower than the valuation they

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Speaker 5: had in twenty twenty one, a lot lower than that,

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Speaker 5: but around the thirteen billion where they were valued last year.

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Speaker 1: And Bloomberg's Katie Riff says instacarts listing, combined with arms IPO,

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Speaker 1: is giving equity capital markets much needed relief after the

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Speaker 1: longest drought since two thousand and nine.

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Speaker 2: Now to the latest on the auto strike, which enters

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Speaker 2: it's six day naighthan, the UAW says it will step

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Speaker 2: up pressure by the end of the week if negotiations

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Speaker 2: don't progress. Bloomberg's Ed Baxter has the story.

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Speaker 6: UAW President Sean Fain has set a Friday noon deadline

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Speaker 6: for good negotiations or an escalation in the strike.

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Speaker 7: If we don't make serious progress by noon on Friday,

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Speaker 7: September twenty second, more locals will be called on to

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Speaker 7: stand up and join the strike.

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Speaker 6: Representatives from gm Ford and stillattis say bargaining has continued

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Speaker 6: in good faith. Ad Baxter Bloomberg Radio thanks Ed, We've

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Speaker 6: got some labor resolution. North of the border, workers at

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Speaker 6: Ford's Canada unit have avoided a strike. UNIFOR the Canadian

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Speaker 6: Autoworkers Unions reached a three year national labor contract in Canada.

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Speaker 1: Rather than negotiating with all three major automakers at once,

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Speaker 1: UNIFORM selected Ford as the target for bargaining well Nathan.

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Speaker 2: President Biden will be focused on improved labor conditions as

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Speaker 2: the UN General Assembly continues. He'll meet with Brazil's President

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Speaker 2: Luis and Nacio Lula de Silva and announce a partnership

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Speaker 2: to how workers move into the gig economy and clean energy.

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Speaker 2: The President will also be looking for brazil support for

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Speaker 2: Ukraine and its war against Russia. That was the focus

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Speaker 2: of his annual address to the gathering.

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Speaker 8: If we abandoned the core principles of the United States

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Speaker 8: to a peas and aggressor, can any member stayed in

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Speaker 8: this body feel confident that they're protecting.

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Speaker 2: And Ukrainian President Vladimir Zelanski made his own appeal. He

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Speaker 2: says Russia is turning everything for food, to energy and

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Speaker 2: children into weapons.

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Speaker 9: Those children in ra Ah tools to hate Ukraine and

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Speaker 9: old ties with their families are broken, and this is

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Speaker 9: clearly a genocide.

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Speaker 2: And even with these new calls for support, the US

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Speaker 2: and G seven allies now say they're preparing for the

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Speaker 2: war to last for years to come.

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Speaker 1: Meanwhile, Karen Treasury Secretary Janet Yellen's continuing her call for

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Speaker 1: financial institutions to make voluntary net zero carbon commitments.

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Speaker 10: Our goal is to affirm the importance of credible net

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Speaker 10: zero commitments and to encourage financial institutions that make them

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Speaker 10: to take consistent approaches to implementation.

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Speaker 1: Secretary Yellen spoke at the Transition Finance Action Forum in

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Speaker 1: New York hosted by Bloomberg. Man It's down time to

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Speaker 1: take a look at some of the other stories making

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Speaker 1: news in New York and around the world with Bloomberg's

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Speaker 1: John Tucker.

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Speaker 11: Good Morning John, and Nathan.

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Speaker 12: The operators of a Bronx daycare center now facing federal

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Speaker 12: drug charges. It comes after one child died three others

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Speaker 12: were poisoned from exposure to fentanol. Friday, the federal prosecutors

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Speaker 12: took over the case against Gray Mendez and Carslito Brito,

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Speaker 12: who are religedly operating a drug distribution business. Prosecutors say

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Speaker 12: a kilogram brick of fentanyl would start on top of

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Speaker 12: children's playmats. That's enough fentanol to kill half a million people.

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Speaker 12: According to a draft securities filing, American Dream That Mega

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Speaker 12: Mall in New Jersey's Meadowlands has seen its losses increase

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Speaker 12: fourfold in one year. More in this report from Bloomberg's

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Speaker 12: Charlie Pellett.

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Speaker 11: The three and a half million square foot shopping and

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Speaker 11: entertainment complex, home to an indoor ski slope, amusement park

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Speaker 11: and water park, lost about two hundred and forty five

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Speaker 11: million dollars in twenty twenty two, as expenses almost doubled

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Speaker 11: to four hundred and twenty eight million dollars. This is

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Speaker 11: according to a three page document posted to the Municipal

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Speaker 11: Securities Rulemaking Boards EMMA website in New York. Charlie Pellett

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Speaker 11: Bloomberg Radio New.

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Speaker 12: Yorker's spending habits are cooling and the New York State

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Speaker 12: Control Or Thomas Didapoli is warning towns and cities to

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Speaker 12: adjust their budgets. He also says paying to house migrants

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Speaker 12: coming into New York is unsustainable.

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Speaker 13: You know the City's estimating some twelve billion dollars in

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Speaker 13: terms of the next couple of years of cost. The

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Speaker 13: state financial plan has about one and a half billion

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Speaker 13: in it for migrants. The governor has indicated some more

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Speaker 13: money will be put aside for that, but I don't

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Speaker 13: see how the state or the city could get through

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Speaker 13: this without additional federal support so far has not been forthcoming.

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Speaker 12: DiNapoli was interviewed on Bloomberg Business Week. Prince William managed

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Speaker 12: to go jogging in Central Park yesterday without paparazzi or

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Speaker 12: anybody else noticing.

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Speaker 14: I decided to join the holds of New Yorker's during

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Speaker 14: that morning routine as they went Rassiter Park. It was

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Speaker 14: wonderful waking up in New York on a Sunday morning

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Speaker 14: run the rain we had yesterday and it was it's

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Speaker 14: beautiful getting some fresh air this morning.

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Speaker 12: He went out for a run before announcing the fifteen

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Speaker 12: finalists for the twenty twenty three Earth Shot Prize, a

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Speaker 12: competition he created three years ago to find the most

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Speaker 12: innovative solutions to global environmental challenges, and health experts with

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Speaker 12: the Centers for Disease Control and Prevention predicting what they

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Speaker 12: call a repeat of a triple demic this fall and

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Speaker 12: winter with COVID nineteen RSV and influenza. The CDC earsing

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Speaker 12: people to get flu vaccinations and their COVID nineteen booster

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Speaker 12: before winter. Global News twenty four hours a day, power

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Speaker 12: by more than twenty seven hundred journalist and analysts in

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Speaker 12: more than one hundred and twenty countries. I'm John Tucker.

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Speaker 12: This is Bloomberg, Nathan.

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Speaker 1: All right, John, Thanks Now, get the latest news whenever

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Speaker 1: you want it with Bloomberg News Now the top stories

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Speaker 1: from our global team of reporters at the click of

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Speaker 1: a button. Get Bloomberg News Now on the Bloomberg Business app,

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Speaker 1: Bloomberg dot com, and anywhere you get your podcasts. Time

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Speaker 1: now for the Bloomberg Sports Update. Here's John Stshower.

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Speaker 15: All right, Nathan. The Yankees are certainly hoping they don't

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Speaker 15: finish this disappointing feason with a sub five hundred record

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Speaker 15: that hasn't happened since nineteen nine. The record dropped to

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Speaker 15: seventy six and seventy five a seven to one loss

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Speaker 15: to Toronto at the Stadium. George Springer had a lead

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Speaker 15: off home run for the fifty seventh time in his career,

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Speaker 15: get it on his thirty fourth birthday. Yanks All had

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Speaker 15: a lot to say about whether the Blue Jays make

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Speaker 15: it in as a wildcard. Still have five games remaining

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Speaker 15: with the Jays who are in a battle very tight

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Speaker 15: now with three Al West teams Houston, Seattle, and Texas,

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Speaker 15: those three separated by only a half game, and the

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Speaker 15: teams that don't win the division in it with the

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Speaker 15: Jays for a wildcard. Miami Marlins won of four teams

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Speaker 15: buying for two NL wildcards. The Marlin scored five of

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Speaker 15: the nine they get the Mets.

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Speaker 1: Sport at three.

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Speaker 15: The Liberty moving on to the WNBA playoffs. They beat

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Speaker 15: Washington ninety to eighty five in overtime to win the

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Speaker 15: series two nothing. Brianna Stewart knows the Liberty had not

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Speaker 15: won a playoff series in twenty fifteen.

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Speaker 1: It means a lot.

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Speaker 2: I think that, you know, I don't know if we're

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Speaker 2: thinking about getting this team back to somewhere where the

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Speaker 2: Liberty hasn't been in eight years, but.

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Speaker 3: You know, the first time.

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Speaker 1: We've been able to do it as a group.

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Speaker 2: And today there was highs and lows, and we knew

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Speaker 2: it was going to be emotional.

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Speaker 15: Under the semi finals against either Connecticut or Minnesota. The

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Speaker 15: word on Saquon Barkley was that he was going to

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Speaker 15: be out three weeks with the injured ankle, A coach

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Speaker 15: Brian dave All talking about him being out only three days.

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Speaker 15: Dave Ball not ruling Barkley out for Tomorrow's game at

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Speaker 15: San Francisco SAT.

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Speaker 1: Barkley's a quick viewer.

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Speaker 15: Buddy Stevens has died at sixty six from injuries suffering

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Speaker 15: a bicycle accident. Coach Dartmouth the five IVY League titles

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Speaker 15: Jus Stashally.

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Speaker 1: We're Bloomberg Sports.

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Speaker 7: From coast to coast, from New York to San Francisco,

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Speaker 7: Boston to Washington, DC, nationwide on Syrias Exam the Bloomberg

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Speaker 7: Business Appen Bloomberg dot Com.

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Speaker 1: This is Bloomberg Daybreak. Good morning. I'm Nathan Hager on

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Speaker 1: decision day for the Federal Reserve. Two pm. Wall Street

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Speaker 1: Time is when Jpwell and Company will announce their plans

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Speaker 1: for interstrates this month and send the signal to markets

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Speaker 1: for where policy could be headed into November and beyond.

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Speaker 1: So let's get you set for what's to come from

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Speaker 1: the Central Bank. Bloomberg's pretty Gupta is here with me now,

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Speaker 1: and this decision really could be a lot more about

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Speaker 1: what's to come than any move the FED makes today,

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Speaker 1: because we're rarely not expecting a move, are.

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Speaker 16: We We're not expecting a move And I'm I believe,

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Speaker 16: just to emphasize how much of a consensus take this

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Speaker 16: is five and a half percent of economists estimated by

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Speaker 16: Bloomberg think that the Fed is going to actually.

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Speaker 1: Raise or move rates at all, which tells kind of

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Speaker 1: where the rate is, right, Yeah, five and a half percent,

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Speaker 1: I know the irony rate.

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Speaker 17: So essentially, in other words, ninety four and a half

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Speaker 17: percent of Bloomberg economists or surveyed at least by Bloomberg,

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Speaker 17: are saying that the Fed is not going to do anything.

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Speaker 17: But Nathan, that's I think the crux of it here

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Speaker 17: is that they're kind of setting this tone for the

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Speaker 17: rest of the world, which is that we're going to

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Speaker 17: have faith that the rest of the effect on the

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Speaker 17: economy is going to slowly come. The idea here that

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Speaker 17: these lags that I think a lot of people had

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Speaker 17: maybe shrugged off early on because inflation wasn't decelerating as

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Speaker 17: fast as perhaps people wanted it to. That is no

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Speaker 17: longer the narrative at play now. It's simply that we

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Speaker 17: just wait for the lags to take effect. And I

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Speaker 17: think that's one of the reasons that you're seeing the

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Speaker 17: Federal Reserve kind of perhaps indicate, at least from the

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Speaker 17: comments that we've gotten out of the FMC members, that

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Speaker 17: they're going to be taking them a little bit more

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Speaker 17: of a hands off approach on this. But Nathan, all

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Speaker 17: of that could change based on what Jay Powell says

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Speaker 17: around wages and around oil, because of course we know

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Speaker 17: that the strikes across the country and arguably across the

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Speaker 17: world as well, have captured a lot of attention, specifically

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Speaker 17: with the United autoworkers, where auto wages are significantly below

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Speaker 17: manufacturing wages broadly. But at the same time, you're seeing

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Speaker 17: much higher oil prices around the world, which is going

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Speaker 17: to have real effects on the American consumer as we

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Speaker 17: talk about gas prices, especially going into the election next year.

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Speaker 1: Yeah, and you have to wonder how much this surge

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Speaker 1: in oil prices we've seen in recent days. Obviously we're

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Speaker 1: getting a bit of relief this morning on this session,

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Speaker 1: but this idea that we could be getting to one

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Speaker 1: hundred dollars a barrel in the not too distant future.

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Speaker 1: What's that's going to mean for the lag effects that

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Speaker 1: the FED wants to see from policy.

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Speaker 17: Yeah, well, I'm old enough to remember when oil went negative,

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Speaker 17: and I'm also oiled enough to remember when oil went

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Speaker 17: to one hundred and forty three dollars a barrel. And

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Speaker 17: let me tell you, those round numbers one hundred and one, twenty,

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Speaker 17: even ninety make traders and people, by the way, everyday

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Speaker 17: consumers very very nervous.

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Speaker 4: To your point.

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Speaker 17: Goldman Sachs actually came out this morning and said that

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Speaker 17: their twelve month ahead price forecast was.

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Speaker 1: One hundred dollars a barrel.

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Speaker 17: We're at about ninety three right now, which tells you

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Speaker 17: this is a pretty significant call that in about twelve

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Speaker 17: months time, in a year's time, when a lot of

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Speaker 17: people are expecting inflation to come down much more significantly,

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Speaker 17: prices are still going to be one hundred dollars a barrel.

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Speaker 17: That's the price that people are saying, and this kind

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Speaker 17: of speaks to the stickiness of the inflation that a

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Speaker 17: lot of people are worried about. I think what's scary

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Speaker 17: for me is that the inflation. What's driving it is

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Speaker 17: coming more from commodities again, which is going to have

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Speaker 17: real effects into how much your grocery build costs, how

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Speaker 17: much your gas bill costs, even heating and electricity.

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Speaker 1: You have to think the decision that's coming tomorrow from

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Speaker 1: the Bank of England is going to get a lot

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Speaker 1: more interesting now that we've seen this surprise drop in inflation.

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Speaker 1: Who would have thought that we'd be considering the idea

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Speaker 1: of a rate pause from the Bank of England.

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Speaker 14: I know.

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Speaker 17: I mean, Andrew Bailey was supposed to be this kind

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Speaker 17: of renegade, almost essentially, this kind of lone wolf in

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Speaker 17: the sea of central bank doves, and he has turned

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Speaker 17: out to kind of maybe lean towards what Chair Powell

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Speaker 17: and President Legard are saying as well, which is simply

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Speaker 17: that the Bank of England has gone very very hard

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Speaker 17: on inflation. What is the lag there? And do we

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Speaker 17: now just wait for the lags to catch up with

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Speaker 17: the broader economy while we sit on the sidelines and

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Speaker 17: reassess And that is something nobody really expected the Bank

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Speaker 17: of England to say. What I will say, though, is

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Speaker 17: that it's a little bit different because even though they

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Speaker 17: might hike tomorrow, which I guess is the consensus call,

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Speaker 17: but then that could be its last. They are, or

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Speaker 17: at least there is a narrative that they will increase

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Speaker 17: their quantitative tightening policy and essentially sell bonds on the

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Speaker 17: open market, which could create some disruption.

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Speaker 1: There just about a minute left, Critty, We're in day

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Speaker 1: six of the United Auto Workers strike. Does this thing

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Speaker 1: look like it's expanding.

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Speaker 17: It's not expanding yet, but it's not shrinking either. In fact,

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Speaker 17: you are seeing a little bit of progress made to

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Speaker 17: the north in Canada, where their union will be able

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Speaker 17: to make a negotiation with Ford. But again, they do

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Speaker 17: say Canadians are nicer than Americans anyway, so maybe that

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Speaker 17: has something to do with it.

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Speaker 1: Okay, we'll leave it there for now, Kritty Gupta. Bloomberg

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Speaker 1: News part of our coverage of the FED decides this

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Speaker 1: afternoon two pm Wall Street Time, waiting for the decision

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Speaker 1: from Chairman Powell and the Federal Open Market Committee. Powe

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Speaker 1: will address the media, of course, at two point thirty

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Speaker 1: half hour after the decision. We will have full coverage

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Speaker 1: for you on a special edition of Bloomberg Surveillance. The

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Speaker 1: FED decides, beginning at one thirty pm. Wall Street Time

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Speaker 1: full coverage of Decision Day and all the central banks

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Speaker 1: right here on Bloomberg Radio. Now we want to bring

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Speaker 1: you to New York and the sidelines of the United

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Speaker 1: Nations General Assembly, where we heard from the Mayor of London,

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Speaker 1: Sudi Khan. He says UK Prime Minister Rishi Sunak is

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Speaker 1: week for pulling back on green policies rather than looking

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Speaker 1: for opportunity in the climate crisis. Bloomberg's Francis Laquais sat

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Speaker 1: down with the Mayor of London.

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Speaker 18: Well, what's happening is some people are trying to weaponize

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Speaker 18: climate change, weaponize air pollution. And here's the perversity of

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Speaker 18: what Prime Minutes of Sunac is doing. We've seen in

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Speaker 18: the UK in September, in London in September, for the

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Speaker 18: first time ever, four consecutive days of temperatures north of

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Speaker 18: thirty degrees celsius. We saw la year in London, temperatures

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Speaker 18: north of forty degrees celsius. Wildfires in London. We've seen

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Speaker 18: across Europe and the global North in America, wildfires, droughts,

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Speaker 18: heat waves. The response of government should be actually to

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Speaker 18: turn this awful crisis into an opportunity, creating green jobs,

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Speaker 18: a green new deal, thinking about how we can both

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Speaker 18: save the planet, address climate change, but also give people

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Speaker 18: security and.

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Speaker 17: Have that just transition.

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Speaker 18: And this is basically, you know, lazy politics from a

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Speaker 18: weak prime minister throwing red meat to his backbenches because

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Speaker 18: he's so weak and ineffectual.

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Speaker 6: Do you think you.

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Speaker 19: Could have been better supported by ker starmarch with you.

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Speaker 18: Guys, Well, I recognize that we've got to make sure

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Speaker 18: we take people with us. I recognize that addressed people's concerns,

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Speaker 18: but concerns. But from Kirstarmer and the Labor Party, what

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Speaker 18: I would hope to see him we are seeing is

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Speaker 18: plans to address the time. You've got an announcement from

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Speaker 18: the Shot of Finance Secretary Rachel Reese saying, you know what,

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Speaker 18: in the first term of a Labor government will be

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Speaker 18: invested into the tune of twenty eight billion pounds a year,

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Speaker 18: which is a wall terms, akin to lot more than

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Speaker 18: President Biden's Inflation Reduction Act.

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Speaker 19: But Mayor, is it fair to say that you could

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Speaker 19: have gotten more support by Drestarma on U les and

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Speaker 19: also in the by elections, and you haven't because it's

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Speaker 19: now a political hot potato.

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Speaker 18: Well, what happened was the by election in Oxbridge and

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Speaker 18: Rice that took place a few weeks before the units

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Speaker 18: was expanded. People had judguine concerns which we were addressing

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Speaker 18: at the same time people were playing on that as well.

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Speaker 18: As said Kier and I are are of close friends.

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Speaker 18: We've over more than twenty five years. The only thing

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Speaker 18: we disagree about is I support a great soccer team,

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Speaker 18: great football team Liverpool. He sports a rubbish roun arsenal

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Speaker 18: okay pick.

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Speaker 19: But apart from football, what kind of advice would you

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Speaker 19: give him to win the general election?

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Speaker 18: No, I don't give care advice. You know what I

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Speaker 18: do is au frenttic care. But also an example of

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Speaker 18: what a labor politician winning the difference we can make

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Speaker 18: being pro business, supporting businesses to flourish and thrive, being

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Speaker 18: pro enterprise, being pro fighting a climate agency, being pro

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Speaker 18: clean building, recognumns affordable homes, making sure we invest in

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Speaker 18: public transfer and young people. And what O want people

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Speaker 18: to see across the country is that that's the difference

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Speaker 18: labor winning can make. Compare to contrast to a conservative

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Speaker 18: government where there's been economic mismanagement. List trust is all

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Speaker 18: from many budget last year, but also a week at

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Speaker 18: in effectual Conservative leader.

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Speaker 19: What can Labor now do to be closer to businesses?

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Speaker 19: There has been a campaign to actually get them on board.

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Speaker 19: I think the latest polls show that they be pretty

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Speaker 19: happy with the Labor government.

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Speaker 20: What would you do more?

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Speaker 18: Well, there's two The two things that people want to

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Speaker 18: see from good leaders. One is addressing social injustices, but

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Speaker 18: also economic competence, supporting businesses, being proud to support businesses,

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Speaker 18: being pro businesses, to be pro business. One of the things

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Speaker 18: that we've got to have the humility is polities to

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Speaker 18: do accept is you know, we don't create the jobs

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Speaker 18: the wealth of prospiracy after we think we do, but

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Speaker 18: we don't. We can create the environment where businesses flourish

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Speaker 18: and thrive, and work with businesses to be pro well

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Speaker 18: paid jobs, to work with businesses to make sure they

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Speaker 18: invest in young people, to work with businesses to train

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Speaker 18: up people to have the skills for the jobs being created.

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Speaker 18: My nervousness about the Layer Party is our reputation in

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Speaker 18: the recent past has been with anti growth or anti prosperity.

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Speaker 18: What Casarma Rachel reeves their teams have done is to

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Speaker 18: reassure businesses by listening to.

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Speaker 1: Them that we are pro business.

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Speaker 18: We're back at business As a result.

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Speaker 19: Mayor Sure, should London have gone the rm IPO and

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Speaker 19: was it a kick.

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Speaker 18: In the teeth not to have done so? I'm sorry

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Speaker 18: hey the r IPO. Well listen. But the great thing

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Speaker 18: about you know, London is our in the line strengths

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Speaker 18: is still there. We you know, even post Brexit, we

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Speaker 18: are still a city that has got all the things

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Speaker 18: that businesses need to invest in London, to expand in London,

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Speaker 18: and to run in London.

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441
00:21:57,000 --> 00:21:59,760
Speaker 2: need to start your day right here on Bloomberg day

442
00:21:59,760 --> 00:22:00,240
Speaker 2: Break