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World Business Report

quite quiet for everyone else, really. quite quiet for everyone else, reall . ~ , ., ., really. with industrial action on . oina , really. with industrial action ongoing, ministers - really. with industrial action ongoing, ministers have - really. with industrial action - ongoing, ministers have offered talks on next year's pay deals for some public sector workers that these current disputes could continue for some time. susannah streeter is senior investment analyst at hargreaves la nsdown. susanna, in your opinion do you think these strikes can really be resolved? it think these strikes can really be resolved?— be resolved? it is very difficult _ be resolved? it is very difficult to _ be resolved? it is very difficult to see - be resolved? it is very difficult to see a - be resolved? it is very difficult to see a way l be resolved? it is very - difficult to see a way forward right now given that both sides appear to be even more entrenched and actually there is a risk that the situation could escalate if these fresh anti— strike rules are brought in and the government certainly seems intent on bringing in this legislation. we heard from the union who represent train drivers and say it could mean that unions take their industrial action to another

Workers , Action , Sector , Disputes , Pay , Ministers , Everyone-else , Industrial-action , Deals , Investment-analyst , Talks , Susannah-streeter

World Business Report

hello, and a warm welcome to audiences in the uk and around the world. i'm azadeh moshiri. we begin here in the uk where the new year starts with renewed strikes. only 20% of train services are expected to run this week because of walk—outs by rmt and aslef union members. that means many areas won't be seeing any trains at all. this is the latest in a series of strikes across the rail network, which have caused major disruptions. and that's on top of ambulance drivers, nurses, driving examiners, highway workers and postal workers all going on strike in recent weeks. so, how does this affect the uk economy? let's ask susannah streeter, senior investment and markets analyst at hargreaves lansdown. so, susanna, of course this affects people's day—to—day lives, but how does it affect the uk economy as a whole?

Uk , Strikes , Around-the-world , Audiences , Train-services , Walk-outs , Azadeh-moshiri , Hello , Rmt , 20 , Trains , Areas

Msunduzi's cemetery plan may already be dead in the water

Descendants of those buried in the cemetery have strongly opposed the development, and the real owners of the land are actually five churches

Pietermaritzburg , Kwazulu-natal , South-africa , Msunduzi , Voortrekker , Gauteng , Erasmus-smit , Nair-senior , Solomon-dambuza , Sunday-times , Comment-policy

The Five

the same with me.. would be .esse: i told johnny i wanted him to print something out and thenk scan it and then email it back to me. he said, jesse , you couldaid, o do a pdf. i never knew jessica. i knew that for sure. but johnny's amazing and joleen's everyone who works on the five is fantastic. i don't have as many technicians, but i think it's because i work from home lot and just on my laptop, the people that a lot of action. yeah, but it resonates. do you have technicians allim the time. all the time. and susanna just laughs at me. i'm like i can't even likeby thc therend like i'm doing a dance move. like i fell downe's no way by te computer. there's no way to save it.n and it's basic stuff. i just forget basic stuff you and then the computer does whatn i want. >> how about you jus yt takeou m your life? >> can you help me? don't i do. that's what i do. i don't have a johnny. arris: i don't have . oh, man of the people. >> i promise not to know.re but i'm like jessica, i reallyd

Something , It , Jessica , Jesse-watters , Same , Esse , You-couldaid , Thenk , O-do-a-pdf , People , Home-lot , Everyone

World Business Report

the bank is saying it knows that its credibility is on the line. that is why it is saying it is giving this deadline of today to stop this bond buying programme, and has urged pension funds to reassess their position and ran in from those highly leveraged ones because it is an internal tug—of—war. at the same time, it also needs to dampen a lid on demand to try to bring down soaring inflation and that really is its ultimate objective, it's number one objective. it has to get back to fighting inflation, not putting out the government's fires. ~ , ,., , government's fires. absolutely. thanks very _ government's fires. absolutely. thanks very much, _ government's fires. absolutely. thanks very much, susanna. . let's head back to the states. as you've been hearing, finance ministers and central bank heads are gathering in washington, dc for the annual meetings of the international monetary fund and world bank. they've arrived to stark warnings about the dangers facing the global economy and especially the developing world. michelle fleury is at imf headquarters for us. don't let this smooth exteriors

Bank , Pension-funds , Credibility , Ones , Position , Line , Bond-buying-programme , Inflation , Objective , Demand , Lid , Tug-of-war

World Business Report

government's throughout the summer the leadership campaign, we saw liz truss and her lieutenant, now chancellor for the kwarteng criticising the bank of england, sidelining the responsibility and on day one of offers firing the top treasury civil servants. the destroyed credibility of the market. each move now injust terms is from square to square, but i am afraid there is a number of squares away before you restore full credibility. thank you for running with that. thanks, simon. simon french in london for us. let's speak to susanna. susannah streeter is senior investment analyst at hargreaves la nsdown. given the pain that has been caused to the economy by the financial turbulence, in whose interest is it to wait 17 more days before what is very likely to be a u—turn? days before what is very likely to be a u-turn?_ to be a u-turn? well, that's it, and that _ to be a u-turn? well, that's it, and that is _ to be a u-turn? well, that's it, and that is why _ to be a u-turn? well, that's it, and that is why the - it, and that is why the pressure billy is on, and that is why the financial markets are really pricing in the fact

Government , Bank-of-england , Chancellor , Liz-truss , Responsibility , Kwarteng-criticising , Lieutenant , Leadership-campaign , Summer , Day-one , One , Number

World Business Report

difficult politically to trim spending and cut public spending and cut public spending at a time when we have this cost of living crisis. i this cost of living crisis. i wonder if i can get your view on this, susanna. i wonder if you think there is a little bit of a danger in terms of overreach. with the bank of england. the bank of england �*s responsibility of course is to keep prices stable, to keep inflation around target, but also to avert financial panic. it doesn't exactly have duty or a mandate to have built yields low to advise pension but that some could say were illjudged. do you think they are doing the right thing here in terms of the support they have been given and the support that they say is coming and end today? —— coming to an end. thtt say is coming and end today? -- coming to an end.— coming to an end. at the beginning _ coming to an end. at the beginning absolutely - coming to an end. at the - beginning absolutely because there was this real risk of financial instability. it is very concerning seeing those borrowing costs shoot up so dramatically but this is why

Crisis , Terms , Spending , View , Danger , Susanna , Bit , Cost-of-living , Bank-of-england , Inflation , Course , Responsibility

World Business Report

reason they have seen this effect on capacity is because people have certainly not been investing in expanding oil production because of the shift to renewables, and he and the 0pec countries have pointed out that right now that is not a good move, giving the risks surrounding oil supply. thank ou for surrounding oil supply. thank you for that _ surrounding oil supply. thank you for that susanna. - paris fashion week starts today, but the models gracing the catwalk no longer have to conform to the beauty standards of the past. today�s models are more representative of society as a whole and thanks to social media advertising, there are more modelling opportunities than ever before, but more opportunities doesn�t always translate to higherfees. joining me now is daniel thomasjones, co—founder & director, chapter model management. good morning, thank you for being on the programme. just

People , Shift , Capacity , Investing , Oil-production , Effect , Reason , Renewables , Oil-supply , Paris-fashion-week , Move , Countries

The Funeral of Queen Elizabeth II

bury said, here she was somebody example was set. she followed not by ambition. it seems in all the broadcasts we've heard from the queen she has spoke quite a lot about her faith, about how jesus christ has been the inspiration and anchor of her life and everything about that service. it was a preaching service. it talked about christian hope and confidence, and i was reflecting on the fact that it seems to me that at her coronation, the thing that meant the most to her was that anointing with holy oil before and above the crown of st. edwards of solid gold put on her head. that's what we saw reflected in the service, the life of dedication to her faith above all. >> susanna, talk about how this funeral might be different from other royal funerals. how much of this is set in stone?

Queen-elizabeth-iii , Ambition , Somebody-example , Broadcasts , Bury , Service , Life , Fact , Lot , Faith , Hope , Jesus-christ

The Funeral of Queen Elizabeth II

clear, that she was an incredibly relaxed, humorous person with quite simple tastes and pleasures. i mean, not a snub in the way we think of snobs, not sort of dropping names of operas she'd been to or important people she had met. she was really into her family, her horses, her church, as susanna very well outlined, her sense of christian faith, and her dogs, her corgis. i think she got toward the end in the last few years, in particular, after her husband died, quite keen on talking to people she had known for a long time, like my father just about life, just about, you know, what was going on in the world, whether it was the pandemic, you know, whether it was what was happening within her family, so i know he would talk to her a

All-the-way , Person , Dropping-names , Operas , Pleasures , Tastes , Snub , Snobs , People , Family , Sense , Faith