Bloomberg's Budget Breakdown And HSBC Cuts Promoted Bankers' Pay

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) The Chancellor gets set to announce a budget plan for business investment. (2) A US drone collides with a Russian fighter jet over the Black Sea. (3) HSBC cuts base pay for newly-promoted bankers as the UK prepares to scrap its bonus cap. (4) Apple bites down on bonuses as Meta sheds thousands more jobs. See omnystudio.com/listener for privacy information.