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BBCNEWS BBC News June 4, 2024 10:15:00

Kwarteng to get economic growth, is it feasible now that they continue in your view on the trajectory they wanted to go on, which is actually bringing more cuts along to taxes? we are hearing about the start of a conversation around cutting public spending. 0rwill they conversation around cutting public spending. or will they have to change direction? i spending. or will they have to change direction? spending. or will they have to change direction? spending. or will they have to chance direction? ~ :, :, change direction? i think one way to t and change direction? i think one way to try and think change direction? i think one way to try and think about change direction? i think one way to try and think about it change direction? i think one way to try and think about it is change direction? i think one way to try and think about it is that - change direction? i think one way to try and think about it is that the i try and think about it is that the government affects and last ....

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BBCNEWS BBC News June 4, 2024 09:24:00

The pound and just a couple of days ago we saw some emerging signs of financial instability at the long end of the gilt market and the impact it has on pension funds. these are very big cogs in play and it s very important the government now moves very quickly to do the kind of things it needs to do to reassure the markets that what it is doing at the moment is fiscally responsible. doing at the moment is fiscally reaponsible- doing at the moment is fiscally resonsible. ., ,, , , . responsible. and reassure the public as well. responsible. and reassure the public as well- we responsible. and reassure the public as well. we have responsible. and reassure the public as well. we have talked responsible. and reassure the public as well. we have talked a responsible. and reassure the public as well. we have talked a lot - responsible. and reassure the public as well. we have talked a lot about i as well. we have talked a lot about markets today but reassure the public. do you thi ....

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BBCNEWS BBC News June 4, 2024 09:29:00

Hits all the right notes? i think it s hugely important. but - hits all the right notes? i think it s hugely important. but on l hits all the right notes? i think it s hugely important. but on a positive point, just as markets can suddenly vote and turn on a sixpence and do something that s really brutal to governments and economies, and we have seen that recently, once they are assured and pointed in another direction, they can just as quickly turn the other ways so i wouldn t discount the possibility that if the government does the right things, gets involved with the 0br in the way i have described, gets the forecast out early and shows the markets that things are now beginning to stack up, then things might start to swing in a more positive direction relatively quickly. and people might be feeling very different about it. but the coming hours and days are critical and the government needs to act quickly. and the government needs to act cuickl . ~ ,, ., , ., ~ quickly. mel stride, c ....

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