Borrowing Big News Today

hello and welcome. many russian citizens are trying to flee the country to escape the military mobilisation announced vladimir putin. tickets for direct flights between russia and serbia have sold out and there are long queues on other border crossings. they are holding referendums in one of four contested areas on whether they want to join the russian federation. the west describes these as a sham. this isjohn kirby. we believe that these will be sham referenda, they will not be legit...

but most staff think it is. so whos right? well be hearing from the ceos of microsoft and linkedin. a new era for britain. that is how the new finance minister — chancellor of the exchequer kwasi kwarteng — is billing his plan for boosting the uk economy. mr kwarteng will be announcing the full details in the coming hours. but we already know the direction of travel. cut taxes, rip up regulations, and encourage more investment by the private sector. the governments already confirme...

May. it is important that people dont compare this to your household budget. most experts would agree borrowing big is notjust the right way, but the only way to move forward at the moment. in fact, some argue we should be borrowing even more while interest rates are low and the bounce back looks encouragingly strong, although obviously you cannot go on forever. some big decisions about who gets to pay for it in terms of taxation, decisions for the chancellor. im glad i have to report on them ra...