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Transcripts For BBCNEWS World 20240704

We will now fund the cost of their training in full. This will cut costs for businesses and Training Providers and support thousands more young people to start an apprenticeship. These announcements by the Prime Minister come amid a warning from the Industry Trade body make uk which represents 20,000 british manufacturers that output wont grow at all this year and wont be much better next, thats the findings of its latest survey of members published today. Joining me now is make uks chief operating officer, ben fletcher. This survey is quite stark. Facing the prospect of two years of anaemic growth, yet your survey suggest that your members are still pretty optimistic. Your members are still pretty optimistic your members are still pretty 0 timistic. ,. ,. ,. , ~ optimistic. Join the dots for me. A lot of this comes optimistic. Join the dots for me. A lot of this comes from optimistic. Join the dots for me. A lot of this comes from the optimistic. Join the dots for me. A lot of this co

Transcripts For BBCNEWS World 20240704

Secured their biggest pay rise since 1991, giving the central bank the confidence to make its move. One that puts decades of deflation in the rear view mirror. Lets go live to shizuoka in japan and Seijiro Takeshita professor at the univesity of shizuoka. Good to have you on the programme. We knew this was coming, it has happened, give us your reaction. Us your reaction. Well, as you said, it us your reaction. Well, as you said. It was us your reaction. Well, as you said, it was expected us your reaction. Well, as you said, it was expected because of the Pre Requisites were set, basically, 5. 2 increase by Larger Companies, pay rise. We expected only form per sense of that history very well. We have the Inflation Target which is to present a morejust been fulfilled so basically, prerequisites for lifting off from this secure operation of negative Interest Rate is finally here. It negative Interest Rate is finally here. Finally here. It is finally here, finally here. It is finally here.

Transcripts For BBCNEWS World 20240704

A persistent Gender Pay Gap and sexism in the city as bad as ever, is there much for the Business World to celebrate . And, groomed for success how the pampered pooches at crufts are part of a booming pet economy tipped to hit half a trillion dollars by 2030. A very warm welcome to the programme. The greatest Comeback Story never told thats how President Biden has described his handling of the us economy, as he delivered his state of the Union Address in the last few hours. It is a Comeback Story for sure. Since the president took office in 2021, the us has put the pandemic firmly behind it, performing better than most other developed economies, with strong jobs growth and buoyant consumer spending. But that is not how Many Americans see it. Soaring inflation means the cost of living is simply much higher than when he took office. And the polls reflect that. President biden s average Approval Ratings are at a record low ofjust 38 . When asked in an nbc poll who would do a betterjob ha

Transcripts For BBCNEWS World 20240704

Requires focused policies, redoubling efforts and work and concerted efforts from all sides. Lets head over to our Asia Business hub and speak tojoao da silva. Its a crucial meeting, talk us through the headlines as this all gets underway. This is not m, but sweet cream to pop up, here years. Thank you forjoining us, its a crucial meeting, took us through the headlines as this gets under way on day one. What gets under way on day one. What is interesting gets under way on day one. What is interesting is gets under way on day one. What is interesting is how gets under way on day one. W ue ii is interesting is how similar those targets that were Just Announced our to those of last year and that despite the fact that the merger in the worlds second largest economy has changed. The government is expecting growth of around 5 in 2024 which is pretty much the same as forecast in 2023, it expects inflation of 3 , the deficit to stay also within its preferred 3 limit and the Unemployment Rate t

Transcripts For BBCNEWS World 20240705

and hot on the heels of antony blinken s visit to china. beijing will seek to improve its ties with europe. however, europe has also started to pull away from china to ensure it is not too reliant on their exports. still, there are strong economic ties between germany and china for the last seven years germany has been china s biggest trading partner in europe. so, what is at stake? i m joined by gregor sebastian economics analyst at the mercator institute for china studies based out of berlin. 0ne welcome to the programme. first of all, for the two leaders what do they want to achieve in the next few days? good morning. i mean, the first thing isjust that good morning. i mean, the first thing is just that the meeting is taking place, right? we have a radically different relationship between the two leaders now than we had in devious years. under angela merkel s meant the cabinets on the chinese and german sides had really constant and close relations and this is the firs

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