britain s new prime minister, rishi sunak, has moved into number ten and spent most of the day appointing senior members of the government. on arriving in downing street tuesday, he said the uk was facing a profound economic crisis , and made a point of saying that he d repair the damage caused by some of the policies of his predecessor liz truss. i will place economic stability and confident at the heart of this government s agenda. this will mean difficult decisions to come. he also named his new cabinet. there are a lot of changes butjeremy hunt will stay in the key post as chancellor. he was appointed just a few weeks ago after the failed mini budget. on monday, jeremy hunt is due to deliver a much anticipated statement on the government s tax and spending plans, along with analysis from the office for budget responsibility. joining me now is melanie baker senior uk economist at royal london asset management. there are some rumours that this fiscal event on 31 october
by the latest earnings news from two giants alphabet and microsoft. shares in the parent company of google dropped over 5% in after hours trading after it reported disappointing results. the company that also owns youtube said ad sales rose just 6% in the three months to september, to $69 billion as firms cut their advertising budgets amidst an economic slowdown. it marked the us firm s weakest quarterly growth in nearly a decade outside of the start of the pandemic. liam patterson is chief executive of bidnamic a google shopping specialists. what did you make of the news from alphabets analysts i worried? i from alphabets analysts i worried? from alphabets analysts i worried? ~ worried? i think it highlighted no company worried? i think it highlighted no company is worried? i think it highlighted no company is immune, - worried? i think it highlighted no company is immune, quite often google is seen as an immune business, they have so many different components to the company, t