Andy Burnham to Vow ‘Hope and Unity’ as UK Prime Minister | Daybreak Europe 7/20/2026

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, 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, Andy Burnham is set to become the UK’s seventh prime minister in just over a decade on Monday with a number of outstanding questions about who will be in his cabinet and the policy direction he will pursue. In an address from Downing Street, the incoming premier will pledge to deliver tangible improvements in people’s lives, while stressing that his rise to high office is a moment for “reflection and resolution,” according to advance remarks sent by his office.

The US and Iran engaged in a quickening series of tit-for-tat attacks, with the American military conducting a wave of strikes on the Islamic Republic following the deaths of service personnel.

And Ryanair said first-quarter profit fell 34% as the Middle East conflict drove up oil prices and weakened demand, forcing the budget airline to cut fares during the peak summer travel season.

Today’s guests: Neil Sorahan, CFO, Ryanair & Nina Skero, CEO, Cebr.

Chapters:
00:00:00 – Daybreak Europe
00:03:40 – Andy Burnham to Take Over as UK Prime Minister
00:07:09 – Oil Jumps as US-Iran Attacks Escalate
00:13:50 – Ryanair Shares May Drop as Net Income Misses
00:15:56 – Neil Sorahan: Ryanair CFO
00:19:09 – US Strikes Iran in Escalating Campaign After Troops Killed 
00:22:07 – Oil Rises as US-Iran Attacks Intensify, Bonds Fall
00:28:19 – Burnham to Become UK’s Seventh PM in a Decade
00:31:33 – Mahmood Seen as Burnham’s Chancellor Pick
00:33:17 – Nina Skero, CEO, Cebr
00:37:25 – Farnborough International Air Show Kicks Off
00:43:34 – US Strikes on Iran Represent Early Test for Burnham
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