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BBCNEWS BBC News June 4, 2024 14:12:00

marc ashdown has more now on what the deal means for british businesses and the economy as a whole. and what this will mean is frictionless free trade for uk exporters. and this is a bloc which generates about 13% of the world s income. now the uk is on board. this should amount to about £11 trillion. what it means is no tariffs on all sorts of things from cheese and whisky and gin to cars and various bits of machinery. so it should in theory boost our exports. but it is worth noting a couple of things here. firstly, we did have deals already in place with nine out of 11 of these countries in this bloc. and as you alluded to there, in terms of what it s worth to our economy, well, the government s own estimates are that it will provide gains of about 0.08% over ten years. so give you give you an idea that s about $0.08 for every

BBCNEWS BBC News June 4, 2024 13:13:00

reason behind this disaster. so far, the local fire officials recorded nine people are found dead at this site and there could be more as they operate. site and there could be more as they 0 erate. , ., ., site and there could be more as they oerate. , ., ., ., , ., , operate. plenty more on that story on our website. the uk hasjoined a new trading bloc making it the twelfth member of asia & pacific nations bloc known as the cptpp. this is the moment the uk s trade secretary, kemi badenoch, signed on the dotted line in auckland, in new zealand. other members include, australia, canada, chile, japan, mexico and malaysia. but critics of the deal have questioned it s benefits to britain. the government s own estimates indicate being in the bloc will only add 0.08% less than i% to the size of the uk s economy in 10 years. let s get more on this with our business correspondent marc ashdown. considering the agreement, it may only bring marginal gains to the uk. is this more symbolic

BBCNEWS Asia Business Report June 4, 2024 23:30:00

outside outside of outside of the its only member outside of the region. the now 12 countries with the partnership also include australia, new zealand, canada, chile, japan and malaysia and to add $2 billion to the economy and add gdp of 0.08%. despite that, the business and trade minister who signed the treaty of new zealand described it as an important step for britain. we are all important step for britain. - are all honoured to become the first new member tojoin are all honoured to become the first new member to join this extraordinary community of now 12 economies spanning asia, the pacific and now europe. this is a modern ambitious agreement in this exciting growing in forward looking blog is proof that the uk doors are open for business. , . , that the uk doors are open for busines business. janet is in india and the news business. janet is in india and the news conference - business. janet is in india and the news conference of- business. janet is in india and

BBCNEWS BBC News June 4, 2024 16:08:00

the government s own estimates indicate being in the bloc will only add 0.08% less than 1% to the size of the uk s economy in 10 years. our business correspondent marc ashdown has more now on what the deal means for british businesses and the economy as a whole. frictionless free trade for uk exporters and this is a block which generates about 13% of the roads and come and now the uk is on board and this should amount to about £11 trillion. but it means is no tariffs and also to things, from cheese to whisky, two cars and various bits of machinery and it should, in theory, booster exports and it is worth noting that we did have deals already in place with nine out of 11 of these countries in this block and in terms of what it is worth to our

BBCNEWS BBC News June 4, 2024 14:11:00

in in a suburban tunnel too quickly, leaving 15 vehicles and people inside. and around 400 rescuers have been, including the soldiers, have been deployed to this region, continuing to search for missing people and investigating the reason behind this disaster. so far, the local fire officials reported nine people are found dead at this site and there could be more as the operation is still under way. the uk hasjoined a new trading bloc making it the twelfth member of asia & pacific nations bloc known as the cpt pp. this is the moment the uk s trade secretary, kemi badenoch, signed on the dotted line in auckland, in new zealand. other members include, australia, canada, chile, japan, mexico and malaysia. but critics of the deal have questioned its benefits to britain. the government s own estimates indicate being in the bloc will only add 0.08% less than 1% to the size of the uk s economy in 10 years. our business correspondent

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