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BBCNEWS Newswatch July 7, 2024



necessarily the mini budget. it could just as easily be the fact that the day before, the bank of england did not raise interest rates as much as the federal reserve did, and i thinkjumping to conclusions about causality is not meeting the bbc s requirement for impartiality. jacob rees mogg there on wednesday. on friday, we heard of kwasi kwarteng s sacking. well, it is been a busy week for what used to be the business and economics unit and now the money, technology and data department, but its editor has spared the time to talk to us. and thank you for coming on newswatch. and being ex chancellor and already some viewers said that they feel the need that the media has contributed to his departure. when you have a story which started with the pound being at a record low against the dollar, that spike in government borrowing at the bank of england and intervention up to £65 billion in government u turns, think this is a story that is very dramatic in its own right. but ....

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BBCNEWS Newswatch June 4, 2024 02:48:00

Of what s happened in terms of better savings, and the weak pound being good for exporters. and some say the bbc is blaming everything on the mini budget there are otherfactors, such as the war in ukraine, global inflation affecting interest rates and markets overreacting perhaps. i think we ve acknowledged there s a number of factors in this, not least the very strong dollar and what the federal reserve is doing with interest rates. but i think we also need, looking at impartiality with the bbc, you have to examine the evidence and i think we will struggle to find that many economists who say that there is no link between heaven and the many mini budget and what subsequently happened in the market and so, the government itself, kwasi kwarteng acknowledged that this many budget had caused some turbulence. that was on thursday. intervention impartiality, jacob rees mogg accused the programme being interviewed of perhaps not being impartial. what is your response? ....

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