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Transcripts For BBCNEWS Business Today 20240913

That s always say, hey, if you don t vote for this contract and you, we re taking the airplane out of washington state. There s always some kind of pressure to get us, to motivate us to vote in their favour. There s always something like that, you know, there s always an underlying threat. And if we re not doing the right thing, then we re hurting the company. We re not hurting them. They ve got, they make way more money than we do. Why don t they give up some of their money to get boeing out of the problem they re in? some very unhappy workers there. We are expecting results in the next few hours. The bbc s ritika gupta has more on what s at stake. They haven t had a new contract in 16 years of been bargaining for months of her higher pay, better benefits and job security. The latest dispute is centred around workers discontent with the tentative agreement reached over the weekend. The international associations of machinists and aerospace workers and boeing unveiled a package that in

Transcripts For BBCNEWS Business Today 20240913

Out of washington state. There s always some kind of pressure to get us, to motivate us to vote in their favour. There s always something like that, you know, there s always an underlying threat. And if we re not doing the right thing, then we re hurting the company. We re not hurting them. They ve got, they make way more money than we do. Why don t they give up some of their money to get boeing out of the problem they re in? we are expecting results in the next few hours. in the next hour. We re expecting the results of that vote in the next few hours. The bbc s ritika gupta has more on what s at stake. They haven t had a new contract in 16 years and have been bargaining for months for higher pay, better benefits and job security. The latest dispute is centred around workers discontent over a tentative agreement reached over the weekend. The international associations of machinists and aerospace workers and boeing unveiled a package that includes a 25% pay rise over the next four y

Transcripts For BBCNEWS Business Today 20240913

Im lukwesa burak. We start here in the uk because the uks national debt is on course to triple over the next half a century. Thats the warning from the governments official forecaster, the office for budget responsibility. An ageing population, climate change, and rising geopolitical tensions will all put increasing pressure on the Public Finances according to the 0brs report. And it says without extra Tax Revenues or a return to post War Productivity levels, the Public Finances are not sustainable over the long term, and something has got to give. Uk national debt is currently at almost 100 of the size of its annual Economy Output or gdp. The 0br says its Base Scenario is a national debt of 274 of gdp in 2071. Risks from war, disease, cyber Conflict And Trade tensions could push that even higher. By 2071, the 0br expects the uk to be spending more than £200 Billion extra per year on things like health, Social Care and pensions. The chair of the 0br Richard Hughes spoke to the bbc ear

Transcripts For BBCNEWS Business Today 20240913

Of pressure to get us, to motivate us to vote in their favor. Theres always something like that, you know, theres always an underlying threat. And if were not doing the right thing, then were hurting the company. Were not hurting them. Theyve got, they make way more money than we do. Why dont they give up some of their money to get boeing out of the problem theyre in . The bbc s Ritika Gupta has more on whats at stake. They havent had a new contract in 16 years of been bargaining for months of her higher pay, better benefits and job security, the latest dispute was centred around Workers Discontent with the tentative agreement reached over the weekend. The international associations of machinists and aerospace workers and boeing unveiled a package that includes a 25 Pay Rise over the next four years and 3000 Signing Bonus and other improvements that help gather a retirement benefit. Boeing also had the next in the State of washington. Some workers are unhappy with the outcome, given th

Transcripts For BBCNEWS Business Today 20240912

Point cut and i think it supports a 25 point cut next week. Did you see any potential policy shifts at the debate? they had a lot of political rhetoric but not a lot of policy information. We already know were both candidates stand on addressing inflation. We ran a number of scenarios through our models to gauge what the inflationary implications are for each of the candidate policies ranging from trade, immigration, taxes and generally form a president trump would be more inflationary than vice president harris because of the tariffs which are inflationary. On top of that stricter immigration leads to tighter labour markets and stronger nominal wage growth in the united states which by extension would raise inflation a little bit. Not a lot of new information last night, just that the political focuses bringing inflation down but the policies the next few years say otherwise. Markets have been volatile. Will an interest rate cuts stabilise things? since the beginning of this year i |

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