Im sally bundock. We start here in the uk, where the Chancellor Rachel reeves will pledge A Budget To Rebuild Britain in her speech to the Labour Party Conference in liverpool today. Shes under pressure to provide some optimism after labours gloomy messaging on the state of the economy they inherited from the conservatives. But her controversial decision to Axe Winter Fuel payments for 10 Million pensioners threatens to overshadow her speech, with a vote challenging the move also expected today. Lets get more now from joe nellis, whos economic adviser to mha a Uk Accounting Firm And Professor of Global Economy at cranfield university. Good morning. There good morning. There was good morning. There was a good morning. There was a lot good morning. There was a lot of pressure on Rachel Reeves to change the music, to be more optimistic, what do you think . I think she will struggle to change the mood music. We are in a difficult position, the economy has been flatlining for the last coupl
Who is at the england defender Millie Brights former football club. Emily, what are Excitement Levels like where you are . There has been lots of excitement here this morning. This is of course where Millie Bright started her Football Career when she was just nine years old at Killer Marsh Dynamos and it was here on these very pitches behind me where she was scouted by sheffield united. Of course she now plays for chelsea and has been captain of the england lionesses in the world cup. But people here have been telling me she hasnt forgotten her roots and has been back to visit many times and speak to her old coaches, and in fact one of them joins me now. This is andy poulsen who knows Millie Bright and you remember the first day she started here, dont you . Yes, she was only a tiny little dot, but she was full of running and then when she started playing for me she played up front scoring 80 odd goals in the one season she was with me. But you could always tell there was potential ther
deal this is? why would biden say what a good deal is before a vote? you think that ll help you get past? no. a vote? you think that ll help you get past? no. katrina els told me earlier you get past? no. katrina els told me earlier that you get past? no. katrina els told me earlier that investorsi told me earlier that investors around the world are welcoming the news. 50 around the world are welcoming the news. ~ around the world are welcoming the news. ~ , the news. so i think we ve seen a collective the news. so i think we ve seen a collective sigh the news. so i think we ve seen a collective sigh of the news. so i think we ve seen a collective sigh of relief- a collective sigh of relief coming from international markets as a result of this tentative deal breaking. i think it really cements the fact that we will avoid that more collaborative situation of a us default which would have been absolutely awful for the us economy, but also for really increasing a
i hear some of you guys say is, why didn t biden say what a good deal this is? why would biden say what a good deal it is before a vote? you think that ll help it get passed? no. katrina els told me earlier that investors around the world are welcoming the news. so i think we ve seen a collective sigh of relief coming from international markets as a result of this tentative deal breaking. i think it really cements the fact that we will avoid that more calamitous situation of a us default which would have been absolutely awful for the us economy, but also for really increasing and ramping up those global recession risks, as well. but now that looks like it s off the table, thank goodness. there were worries though that some of these spending cuts that were in this legislation would weigh on the us economy? it ll only impact the margin when it comes to the growth perspective, meaning we are looking at fiscal policy being a bit less supportive over the next couple years, but i
i hear some of you guys say is, why didn t biden say what a good deal this is? why would biden say what a good deal it is before a vote? you think that ll help it get passed? no. katrina els told me earlier that investors around the world are welcoming the news. so i think we ve seen a collective sigh of relief coming from international markets as a result of this tentative deal breaking. i think it really cements the fact that we will avoid that more calamitous situation of a us default which would have been absolutely awful for the us economy, but also for really increasing and ramping up those global recession risks, as well. but now that looks like it s off the table, thank goodness. there were worries though that some of these spending cuts that were in this legislation would weigh on the us economy? it ll only affect the margin when it comes to the growth perspective, meaning we are looking at fiscal policy being a bit less supportive over the next couple years, but i