Bloomberg Surveillance: Early Edition, live from London and New York. Francine Lacqua, Anna Edwards, Matt Miller, and Kailey Leinz deliver the latest news and analysis on the markets with leaders in global finance and economics. Mel Stride UK Conservative MP and Treasury Committee Chairman, says there are dangers of a wage price spiral in the UK. Hannah Gooch-Peters, Global Equity Investment Analyst at Sanlam Investments, says we could see a 2023 recession. Nikos Stathopoulos, BC Partners Europe Chairman, says there are increasing cost pressures.