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BBCNEWS Business Today September 24, 2024

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 o ....

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BBCNEWS BBC News Now September 24, 2024

Up had a Labour Chancellor Stand Up and set out their party for government in ia years. They have been in opposition. They have been in opposition. They have felt the frustration of not being able to enact the policies they want to, now it is the chance for labour and the chancellor to set out their vision for the country. When it comes to anything in politics, and there is a recognition of this in the party, they are talking about what they have donein talking about what they have done in government so far, but the thing that really matters is whether or not i makes a difference. Can they deliver on the promises they made during the promises they made during the election campaign, some of which are likely to hear repeated now. Will that make a difference to the pout in their pocket. Ican hear i can hear the music booming. I think that is the video introducing the Chancellor Ra ....

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BBCNEWS Business Today - NYSE Opening Bell September 24, 2024

To the us economy. Another sector expecting a boost aS Property, with Reports Majorfund managers in the uk are looking to buy the dip in us commercial property, anticipating a recovery. Ifjoining me now is Clayton Triick from Angel Oak Capital advisors. Are you surprised to hear Uk Investors are looking to jump into americas beleaguered commercial Property Market . We are not at commercial Property Market . Are not at all. We have seen recent reports and in the last 12 months it has been very good market be stepping into, us commercial properties. Its the kind dotted at the Monetary Policy has continued to be very tight and there has been a headwind for that sector. In the last 2a months that cut of 50 basiS Points could turn men into a tailwind looking forward so we are not surprised investors are looking to take advantage of that. You investors are looking to take adva ....

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BBCNEWS Newscast September 24, 2024

Shifted onto the bigger economic picture into the Labour Policy and direction and i think there is a sense, definitely a sense of celebration here that this is the first conference for labour in power in 15 years in the first one with the Labour Party of Prime Minister and 14, definitely that sense, but i would also say the stuff of last week around the freebies, the briefings around to Sue Gray and some important policy things like the Winter Fuel Payment have made this a bit more wobbly and labour would have liked in terms of its first conference and offer its and youre getting a sense that the people i have talked to throughout the day. People i have talked to throughout the da. ~ people i have talked to throughout theda. People i have talked to throughout theda. ~. the day. When i contrast it with one ear an, the day. When i contrast it with one year ago. The the day. When i contrast it with one year ago, the labour the ....

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BBCNEWS The Context September 24, 2024

Insists there will be no return to austerity. Welcome back. The Chancellor Rachel reeves was striking a very different Tone Today on that Painful Budget coming up in october. In her address to the Labour Party Conference, she was focusing on the long Term Prize she promises will follow if labour can restore some stability. The much promised change in emphasis follows a Report Week that suggested a Consumer Sentiment had dropped last week that suggested a Consumer Sentiment had dropped Like A Stone through august a number of Business Leaders blaming the governments messaging for that. Today, though, the chancellor said any tax rises she introduces will not affect hard pressed working families. Therell be no return to austerity and she has pledged to continue spending on infrastructure. There will be no return to austerity. Conservative austerity was a destructive cho ....

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