Rachel Reeves Denies Lying, Ukraine Talks Edge Forward, Swiss Reject Super-Rich Tax

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Rachel Reeves denied misleading the British public about the state of the UK’s public finances ahead of her budget, as she faced ongoing criticism over her messaging in the run-up to Wednesday’s £26 billion package of tax hikes.(2) Prime Minister Keir Starmer said he’ll make a renewed push to curb UK welfare spending, as he vies to revive his ailing premiership and sell a budget which was poorly received by voters.(3) US and Ukrainian negotiators said they had productive discussions about a framework for a peace deal, but there was no final breakthrough as President Donald Trump continues to push for a truce with Russia.(4) President Donald Trump said Sunday he has decided on his pick for the next Federal Reserve chair after making clear he expects his nominee to deliver interest-rate cuts.(5) Switzerland voted to reject a 50% inheritance tax on super-rich residents after wealthy entrepreneurs threatened to leave the country.PODCAST CONVERSATION: Inside the Ostrich Effect: How Ignorance Has Become a Survival StrategySee omnystudio.com/listener for privacy information.

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