cover of episode HSBC's CEO Talks Bumper Profits & UK Shop Prices Drop

HSBC's CEO Talks Bumper Profits & UK Shop Prices Drop

2023/8/1
logo of podcast Bloomberg Daybreak: Europe Edition

Bloomberg Daybreak: Europe Edition

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Shownotes Transcript

HSBC's CEO Talks Bumper Profits & UK Shop Prices Drop Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:(1) HSBC plans to buy back up to $2 billion of stock after a Q2 pretax profit of $8.8 billion.

(2) UK shop prices drop for the first time in two years according to the British Retail Consortium.

(3) Nigel Farage says Coutts have offered to let him keep his account.

(4) The UK has dropped its bid to replace Europe's 'CE' quality mark post-Brexit. 

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