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finding a way to trade with the uk internal market and also the european single market, border checks between england and scotland, as announced today by the first minister. massive gap in public finances that would have to be breached. that is a recipe for precisely the austerity she say she is worried about. let me say this. if we want economic stability, if scotland wants economic stability, to coin a phrase, we are stronger together. what will the impact of these measures be on the growth rate, and will we still avoid recession? i will we still avoid recession? i will publish the economic forecast from the obr when i make my statement in a fortnight s time. i think it s betterfor statement in a fortnight s time. i think it s better for me to wait until i hear that. but the proper answer to his question is that what we are seeking is long term, sustainable increase in the economic growth rates, and that is a central policy of the prime minister which has my wholehear ....
let s carry on with our coverage of the political crisis here in the uk as prime minister borisjohnson continues to defy calls for him to resign despite more than a0 ministers and aides walking out of government in the last 48 hours. it comes as britain faces a wall of economic challenges. among the g7 group of rich economies, uk growth is predicted to be at a standstill or even in recession next year, putting it behind canada, france and the us among others. inflation in the uk is already at a ao year high and expected to hit double figures, ten or even 11% by the year end and there s no let up in soaring household energy bills the annual bill is likely to be over 3,000 pounds a year by the autumn when the regulator lifts its cap on prices again. so the challenges are stacked up for chancellor nadim zahawi and he is widely expected to make an announcement on cutting taxes in the near future. rebuilding the economy and growing the economy is my task, and this is ....
The values through which we will take those decisions. the values through which we will take those decisions. thank you, mr seaker. i take those decisions. thank you, mr speaker. i congratulate take those decisions. thank you, mr speaker. i congratulate my- take those decisions. thank you, mr speaker. i congratulate my right i speaker. i congratulate my right honourable friend. he has hit the ground running in hisjob. these are difficult decisions, the correct decisions right now. we all aspire to tax cuts in the future, but he is right that we actually have to have the money to pay for those. but could i ask him, as he prepares for the 31st of october, to look in detail at how we address what is, in my view, the most deep rooted problem the country faces, our current account deficit? we will not truly get rid of these issues until we restore the balance in our national finances. we restore the balance in our nationalfinances. can i ask him to make that the priority? t set national ....
Public and call a snap election, so it may not be that boring? election, so it may not be that borin: ? ., , boring? for us in the uk it won t be boring? for us in the uk it won t be boring boring? for us in the uk it won t be boring but- boring? for us in the uk it won t be boring but from | boring? for us in the uk it i won t be boring but from the market perspective investors and companies will look to see how much the uk in a general election could lurch around an economic policy terms and i don t think we would see much of a difference in the general thrust of economic policy. both parties plan for rising government spending, rising technician, you will probably get a neutral regulatory policy so this is not the big jump from say biden to a trump. we are expecting announcements of tax cuts from an coming from the new chancellor something the new chancellor something the former chancellor was not happy with, he didn t think it was the right medicine for the uk economy, what ....