U. S. Commerce Department Suspends regulations allowing special treatment to hong kong. Boris johnson will channel fdr in a midlands speech, touting a new deal. He is expected to push Infrastructure Spending and hold off on balancing the books until recovery is certain. 6 00 a. M. Int gone london. The narrative i think from two very powerful local points, the health organization, the worst is yet to come and extraordinary uncertainty coming down the pipe. Which market is incorrectly priced . U. S. Equities or the bond market . You like a little bit of belly in the bond curve, dont you . Tell the truth. Nejra i absolutely do. We are seeing ourselves are all the time and ask our guests this. With all the Central Bank Stimulus out there, its sort of makes sense that you have equities and bonds gaining in tandem. Data track did some research and investors absolutely split down the middle on whether we see gains or losses of 10 for the second half. There is a lot of cash sitting on the side
Going to be able to turn things around straightaway, but we will get to work on all of that. And hollywoods biggest night kicks off later with all eyes on oppenheimer to see if it can break the record for the most wins at the oscars. The budget the government unveiled on wednesday has left the Shadow Chancellor with a major headache. Jeremy hunt cut National Insurance by 2p for the second time in six months, as well as adopting two of labours policies, which it planned to use to Fund Breakfast clubs in schools and extra nhs appointments, if the party wins the next election. Earlier, the Shadow Chancellor, Rachel Reeves spoke to the bbc s Laura Kuennsberg and started by talking about how they plan to raise money now. We are committed to the extension of working rights, including banning the National Welfare and is a key component of our growth plans, and britain has never had one before. The idea is to live it in private Sector Investment alongside a Government Endowment to invest in so
The truth is taxes are still going up. People feel worse off because they are worse off. So this morning, we have one big question in what direction would labour drive the economy . The woman in charge of the partys calculator, Rachel Reeves, who wants to be the next chancellor is here. The budget promised extra cash to get more bang for taxpayers bucks in the Health Service. Well ask the health secretary, victoria atkins, what difference that will make. And whats it like when your body wont do the Amazing Things you used to do the lead singer of del amitri tells us how parkinsons hasnt stopped him taking to the stage. Morning, morning. Helping me out at the desk for the next 60 minutes, chef and green campaigner Hugh Fearnley whittingstall, john lewis boss dame sharon white, and lord michael howard, former conservative leader, and one time Shadow Chancellor, too. A very warm welcome to all of you. Making the news this morning. The sunday times says Boris Johnson went to venezuela, and
is the prime minister s decision not to go to the cop27 climate summit in egypt next month. they ve swapped his red box for a green one. back to record profits. the telegraph leads with a story about windfall taxes and how the pm could target energy firms to raise billions of pounds to balance the books. the i features a photo the prime minister and the labour leader, and the findings of their own polling, which suggests sunak poll gives tories election hope. the times says the prime minister is seeking a deal to curb channel crossings and also has a picture of president putin who mocks the former prime minister liz truss and ells of dangerous decade ahead. and tells of dangerous decade ahead. the sun has an exclusive regarding the world cup in qatar saying prince william, who is president of the football association, will not be travelling to the middle east to watch england play. qatar has come in for criticism over its human rights records and its stance on lgbt rights.