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but behind the headline number it s not all good news as sales of electric cars to to private individuals are continuing to struggle. let s hear now from the smmt chief executive, mike hawes. this kid to have you with us, mike. apologies for that, a few technical issues. quite a milestone, the 1,000,000th car. it is not private individuals, it is company cars? car. it is not private individuals, it is company cars? evs have been on the market it is company cars? evs have been on the market for it is company cars? evs have been on the market for about it is company cars? evs have been on the market for about a it is company cars? evs have been on the market for about a decade - it is company cars? evs have been on the market for about a decade now. the market for about a decade now and it has taken us that long to get to a million. we need to accelerate that progress and hopefully we can get to the next million in two years rather than ten or 20. it is the busine ....
if you look at the headline numbers. but actually when you look at the actual results and also what companies are telling, there are two factors that matter to us, monetisation and capital expense. they look at monetisation, for example, across the board, we are seeing cloud revenue and contribution is almost like 5% for some of the companies out there. so that gives us comfort. in terms of graphics, clearly companies are spending on it, but in terms of compute, this is one area where they have been quite bullish recently. long story short, despite the future suggesting, we think the bull case for and i we still think is intact. we think that any excess correction in as a buying opportunity. what is the implication buying opportunity. what is the implication of buying opportunity. what is the implication of these buying opportunity. what is the implication of these big - buying opportunity. what is the implication of these big tech i implication of these big tech ....
in the uk are at an all time high as country. its lowest ever now we have the round up of the business news and one of those headline stories you are concentrating on. welcome to the programme. yes, on course for stronger than expected recovery. that is the assessment from the international monetary fund on the state of the global economy in its latest world economic outlook update. the imf predicts that global growth of 3.1% this year and slightly higher growth in 2025. it also says that inflation is declining faster than expected because many supply chain problems caused by the pandemic have now been resolved. the imf has, however, issued a warning to the uk government not to cut taxes any further and suggested that treasury percent planned spending cuts for this year were unrealistic. earlier i spoke to the imf s chief economist and i asked him what his concerns were over the uk cutting those taxes. ~ , ., taxes. well, first, for the uk, we are seeing taxes. well, ....
what effect will south africa s genocide case have against israel at the international court of justice? the reason why this matters now is because these provisional measures have an immediate and binding effect on israel s ability to conduct its military operations in gaza. and british politics after the coming election, what will be the biggest challenge facing the winner? trying to inspire and to take a divided country with you i i think it s really, really difficult. i two years ago, the russian build up on the borders of ukraine was starting. russian officials were assuring the world there d be no invasion. when the absurdly overconfident russian attack began, it was largely beaten off. a lot of people thought ukraine was bound to win. but the russians got better at fighting, and ukraine s supplies of cash and weaponry from america were cut by the republican party. ukraine s counteroffensive failed. there are disputes at the top level of ukrainian politics, and ....
at a single university to one of the biggest internet platforms in the world today. hello, it s laura in the studio. paddy in the studio. and it s chris in belfast. i just think it s absolutely fabulous to see you on this in a way, you two created the newscast. there were others involved. there were katya and adam are dearfriends, yes. does it all come back to you? because brexit was one of the big dividing lines in the whole of northern ireland. that s why you re there, chris. yeah, true. yeah, no, absolutely. and actually, the last couple of days covering this story here and then in london before it did take me back, in fact, at one point i was talking to katya on the television and it really took me back to the brexit days of trying to, particularly as far as the northern ireland element of the story is concerned, untangle which is what all of this has been about the complexities of northern ireland politics and the complexities of brexit. throw those two tog ....