Tuesday’s top stories in the UK
Francine Lacqua
@flacqua
Editor-at-large, Anchor Half human/half coffee. Podcaster, In the City. Views my own, not BBG. Retweets ≠ Endorsements.
bloombergmedia.com/talent/people/…Joined August 2009
Francine Lacqua’s Tweets
Coming up today
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Reunited.
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The UK grid is asking some UK households to cut energy use on Monday as a plunge in wind power and freezing temperatures across the country test its ability to keep the lights on.
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Carlyle Group co-founder David Rubenstein said that difficult economic times are “the best time to invest,” as he expects the pace of private equity deals to pick up in 2023, after a slow past 12 months. He speaks with on Bloomberg Television trib.al/lrbsQAr
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We don't see "a recession" in Europe today
Italian lender UniCredit's CEO Andrea Orcel expresses cautious optimism in Davos with trib.al/Id3kyQv
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EXCLUSIVE: UniCredit CEO Andrea Orcel says the bank can distribute higher returns to shareholders on its 2022 earnings bloomberg.com/news/articles/ via
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Poland is considering a return to the Japanese debt market this year after a decade-long break in a bid to diversify its funding bloomberg.com/news/articles/
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Davos News: UK’s Starmer Woos WEF Saying Britain is Open For Business - Bloomberg
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Subsidy wars, mild economic optimism, worries that Ukraine war will turn into Afghanistan. Lots going on at Davos, including Labour's appearance to drum up business support. Plus parties. with and
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Manchester United are going big at this year's Davos ⚽
and wonder if this is the club trying to catch the eye of billionaire investors
🎧 In the City: bloom.bg/3IZgSnx
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INTERVIEW CEO Andrea Orcel says the bank can distribute higher returns to shareholders on its 2022 earnings
bloomberg.com/news/articles/ via #Italy
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Had a very good conversation with . On the debt ceiling:"There's already enough uncertainty, there's enough risks that we have to deal with.This shouldn't be an additional risk that the US or the world should have to deal with."#wef23.
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Poland expects European allies to send as many as 100 battle tanks to support Ukraine’s armed forces, Prime Minister Mateusz Morawiecki tells at Davos trib.al/7lPfTPj
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"Banks pay for performance" and if that falls, so does "compensation," JPMorgan’s Viswas Raghavan tells in Davos, after a "pretty anemic year" trib.al/sgIUbq9
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Villeroy says Lagarde’s half-point ECB hike guidance is still valid bloomberg.com/news/articles/ via
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On Ron DeSantis and his claim that investing is becoming
politicized, "We are doing everything we can to change the narrative." Chairman & CEO Larry Fink tells 's #TheYearAhead #WEF23
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"We lost about $4bn dollars of flows from various states. But in long-term flows last year we were awarded $400bn. In the United States, our clients entrusted us with another $230bn." CEO Larry Fink tells 's #TheYearAhead #WEF23
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WATCH: BlackRock CEO Larry Fink talks to
in Davos about the biggest worry in the coming years
Latest updates: trib.al/xmu3XHH
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Minister of Finance Enoch Godongwana, speaking to Bloomberg TV’s Francine Lacqua, says the government is working to improve Eskom’s operational efficiency, procure emergency power and deal with crime and vandalism of power stations
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"I don't see any chance, frankly, of easing this year — I think the market has got that wrong," says BlackRock's vice chairman Philipp Hildebrand bloomberg.com/news/articles/ via
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Inflation will decline very rapidly, BlackRock Vice Chair Philipp Hildebrand tells in Davos, adding markets are getting it wrong by expecting any easing trib.al/4kQjHvE
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Tomorrow: German Chancellor Olaf Scholz speaks with Bloomberg News Editor-in-Chief John Micklethwait about Russia's war in Ukraine, ties with the US and China, and the challenges facing Europe and his government trib.al/9eUTnmb
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With QIA CEO in Davos, talking twitter, Musk, football & investments
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The global elite are gathering in Davos
Join us live from the World Economic Forum as our team breaks down who’s there (and who’s not) and what they’re talking about
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Set a reminder ⬇️
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🏔 Inflation
🏔 Geopolitics
🏔 Crypto & regulation
Bloomberg's previews 3 key topics on the agenda at Davos, Switzerland, as the World Economic Forum’s annual meeting kicks off trib.al/3eHP0CG
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Russia's threats of nuclear war are "irresponsible" and going down this path is "suicidal", Giedrimas Jeglinskas, former NATO Assistant Secretary General tells trib.al/2nNymlA
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The £100+ barbers' haircut is here, and I'm here to tell you it's worth it
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GDP unexpectedly rises 0.1% as World Cup spending props up UK economy, Brexit talks breakthrough, and the Tesla millionaires who sold too late
Get up to speed with the London Rush
bloom.bg/3ke9TwX
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And if we get escape velocity on listeners, , , Sommer & I will have an eating competition for Cappucio’ chips.
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New ‘In The City’ podcast with out today for . New trailer
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"We don't see a doomsday scenario" — There are serious reasons for optimism when it comes to Britain's small and medium businesses, says Sage's Derk Bleeker. He sees a lot of innovation and growth happening, even in this "difficult time."
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