time now to get down to business. let s start here in the uk where prime minister liz truss has been announcing her new cabinet. she has been busy into the late hours. she s decided to give kwasi kwarteng the second most powerful role in downing street after appointing him as new chancellor of the exchequer. mr kwarteng has a tough job on his hands and takes over at a critical time for the uk economy with millions looking to him for help with soaring winter energy bills. so, what about the man himself? he attended the exclusive private school eton college and went on to graduate with a double first from cambridge university in classics and history. kwarteng then went on to work as a columnist for the daily telegraph and a financial analyst at banks, includingjp morgan. more recently, he was appointed as business secretary in 2021, replacing alok sharma in the borisjohnson government. that is a short synopsis. joining me now is fiona cincotta from city index. nice to see you.
effectively the positive gdp growth last year and so far in the first half of this year. however, how long can that sustained given the global environment or slowing growth inflation hitting consumption? of course, manufacturing supply chains also are still being hit in the covid related restrictions still domestically in china, so a lot of challenges facing china when it comes to trade, particularly export industries. so while this number is disappointing, it is probably not a surprise for many. in it is probably not a surprise for many- for many. in terms of the stimulus for many. in terms of the stimulus measures - for many. in terms of the stimulus measures the i stimulus measures the government has announced, and they have announced many various things, haven t they, to both the chinese economy, when will we see that actually have an impact? it is quite recent, some of these measures, aren t they, in terms of this announcement. aren t they, in terms of this announcement. , . .