I think the stock market particularly tech stocks have gone ahead and a bullish scenario. The fed set to cut interest rates next week, any surprises you re expecting there? we are looking at gradual 25 basis point looking at the inflation which has shown signals of disinflation. It s possible that we might have some surprises. What would a cut mean for countries like japan? it would confirm anticipation of stock markets that the fed will offer much needed stimulus as the economy is softening. On the whole, that is good news and i m not sure if it s going to give stock markets that much more momentum than they have gotten already, and i think it s looking at the forward trajectory and what stock markets need is a fine balance between that stimulus and an economy that doesn t look too soft and continues to draw positive earnings going forwards. If we stay with japan, there been encouraging signs coming out from there, and what s the main thing to understand about japan s economic growth?
Going to pursue in germany. Lets not forget that germany was always the country in the european union, or at least the largest country um, supporting brexit to the very end. Sorry, supporting britain, not brexit to the very end. So i think germany is the place To Go to get some gains without going all the way into eu participation. In the news today. Lego, The Worlds biggest toy maker, is outperforming the wider toy market. In its half year results out today, revenue climbed by 13 between january and june reaching the equivalent of 4. 65 billion dollars. Joining me now is niels christiansen, ceo of lego. Thank you forjoining us. So lego is outperforming the wider toy market, what do you think it is setting your Retail Strategy apart from others in the sector . I Retail Strategy apart from others in the sector . ~ , Retail Strategy apart from others in the sector . The sector . I think it is probably not one silver the sector . I think it is probably not one silver bullet, the sector .
Half time. With just two days to go until the new premier League Season starts, wolves have made a managerial change. Gary oneil has been appointed to take over from julen lopetegui, who left after a long running disagreement with the club about transfers. Oneil has signed a three year deal after being sacked by bournemouth, despite helping them avoid relegation last season. Their first match of the new campaign is on monday against Manchester United. West ham have agreed a fee of £30 million, thats around 38 million, for both southampton captainjames ward prowse and Manchester United defender harry maguire. The England International had slipped down the Pecking Order at old trafford under erik ten hag, who took the captaincy off maguire at the start of preseason. Its not thought agreeing personal terms will be a problem. Two of the worlds top golf players, row of two of the worlds top golf players, have secured their place in the team. Rory mcilroy will play in his seventh consecutiv
Economy and help families with permanent tax breaks. Labour will argue that any reductions will still leave people worse off because of the freezing of Tax Thresholds. Ben king reports. The background to todays budget has been gloomy, with the economy in recession. But it looks like the chancellor will still find room to cut taxes. The conservatives are trailing labour in the polls, and looking Forjeremy Hunt to give them some cheer in places like this, winchester, a seat the Lib Dems Hope to win. So what do people here think about tax cuts . I think it would be a good idea because it gives people more money to spend on what they want to buy. Realistically, people arent going to save that much money from a tax cut, whereas more money in Public Services means Better Health care services. Itsjust much more important. I would prefer not to have a tax cut, but to see more money invested in the community. If the Public Services were properly organised, theres more than enough money to do it