UK Chancellor John Healey Defends Budget Plans

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Brussels, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, the tech rally stalled as Google parent Alphabet slumped 10% post-market on concerns its massive AI spending isn't paying off. Samsung also fell after it withheld its shareholder payout plans until January 2027. The US Federal Reserve held interest rates as policymakers look for more data on the inflation outlook. And the UK Chancellor has told Bloomberg his Budget will tackle the deficit. John Healey unveiled a modest maiden budget, with measures to bring in £6.6 billion in additional revenue by fiscal year 2030-31. Today's guest: Rufaro Chiriseri, RBC Wealth Management, Head of Fixed Income. (Source: Bloomberg)