Jeremy Hunt on Inflation & The City, Prague Shooting's & Second Hand EV's
Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:
(1) UK Chancellor of the Exchequer Jeremy Hunt suggested falling debt interest costs may give him the headroom to deliver tax cuts at his budget in the spring, boosting the governing Conservative Party in what's likely to be an election year.
(2) The Czech Republic declared Saturday a national day of mourning after the worst shooting in the country's history left at least 15 people dead at Prague's Charles University.
(3) Apple has stopped selling the Apple Watch Series 9 and Ultra 2 in the US on its online store, just days before a ban related to a patent dispute takes effect.
(4) Elon Musk is lashing out at the state of US financial markets. In a wide-ranging talk with ARK Investment Management's Cathie Wood he bemoaned the high regulatory burden faced by publicly traded companies, the pressure from shareholders that limits efficiency, and how passive investing is stoking volatility.
(5) The shift away from cars with dirty combustion engines is running into a new hurdle: Drivers don't want to buy used electric vehicles, and that's undermining the market for new ones, too.
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