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BBCNEWS The Context with Christian Fraser July 6, 2024 - Vimarsana News

BBCNEWS The Context with Christian Fraser July 6, 2024

welcome to the programme. it was budget day here in britain today. a big set piece annual event in which the chancellor stairs into the crystal ball, and tries to predict the future — and how best to steer the uk economy through it. the obstacles in his way are common to europe and the united states. high inflation, higher interest rates, and since the pandemic, an intractably acute labour shortage. this graph trackjob vacancies across europe since august 2022, historically high after the pandemic, but you will see the uk, the red line at the very top, is struggling more than most....

BBCNEWS The Context with Christian Fraser June 4, 2024 21:32:00 - Vimarsana News

BBCNEWS The Context with Christian Fraser June 4, 2024 21:32:00

And any brighter news, is tempered by slower growth over the long term. mr hunt said the uk would only grow by 1.8% next year and byjust 2.5% in 2025. compare that to the growth in the biggest economies. while the uk ecnomy shrinks this year every other major economy will grow. here isjeremy hunt setting out his solution. growth is one of the prime minister's five priorities for our country. i deliver that today by removing obstacles that stop businesses investing, by tackling labour shortages that stop them recruiting, by breaking down barriers that stop people working and by harnessing briti...