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BBCNEWS BBC News at One June 4, 2024 13:06:00

Been to that state, and there are clues if you break down the numbers month to month that december was quite tough going into this year, and what matters is what is happening right now. the better news is that the downturn is expected to be milder than first feared in 2023, and that is because of the lower gas prices than expected, but even the chancellor said we are not out of the woods yet and would not say there would not be a recession this year even. there would not be a recession this ear even. ., there would not be a recession this ear even. . . ., year even. and meanwhile, faisal, this news from year even. and meanwhile, faisal, this news from the year even. and meanwhile, faisal, this news from the pharmaceutical| this news from the pharmaceutical company astrazeneca saying it is building new facilities in dublin, rather than in macclesfield. this is exactly the rather than in macclesfield. this is exactly the sort rather than in macclesfield. this is exactly the sor ....

Out Of The Woods , Gas Prices , Faisal Islam , Pharmaceutical Company , Business Leaders ,

BBCNEWS BBC News at One June 4, 2024 13:06:00

High energy prices and the rise in borrowing costs for businesses and you combine those together and you get this disappointing forecast. thusit get this disappointing forecast. thus it happens, we ve had some new actual data out today about company insolvencies, that s up at the highest level we have seen last year, 2022 since 2009 and experts say it will get worse this year so that shows if you like the real economy behind these sorts of forecasts but i think in general terms, it shows how tricky the balancing act is but when you get high inflation and slow growth, the bank of england still raising interest rates and likely to do it again on thursday, that makes it more difficult for the economy to recover even if it helps hammer down inflation so a tricky balancing act but the imf saying trickier than for most other countries. faisal, thank you. thousands of ambulance workers in unison across five services in england will strike on february ....

Borrowing Costs , Company Insolvencies , Interest Rates , Bank Of England , The Balancing Act , International Monetary Fund , Ambulance Workers , Tricky Balancing Act , February 10 ,

BBCNEWS BBC News at Ten June 4, 2024 22:15:00

0ne top uk tech ceo says more detail is required. we need specific deliverable government policies- to get those right. does this look like a plan to you? i don t think we re there yet - for a plan, but one can be hopeful that in the coming months we ll see something concrete coming out. - this was the government and the chancellor s vision of a high tech future for the uk economy, from green industry, to financial technology, and of course artificial intelligence, but every country in the world is trying to do the same thing, and the bread and butter issues around the cost of living are never far away from the conversation. you talk about declinism, but it s disposable income that s declining. it s business investment that has declined, despite what you say about that survey. these are real issues. what are you doing to deal with them? faisal, you can choose statistics. i could also say to you that last year we became only the third trillion dollar tech economy in the world. ....

Government Policies , Ptech Ceo , Dollar Tech Economy , To Financial Technology , Artificial Intelligence , Green Industry , Disposable Income , Business Investment ,