malaysia and increased opportunities, the government reckons it will add just 0.08% to our gdp in ten years. put it another way, 8p extra for every £100 to produce or earn in that time. not major, but compare that with the four percent which the forecasters say we could have lost because of leaving the eu. to achieve this, we have had to have some lengthy negotiations and make sure our farmers are protected and food standards are upheld. you may ask why go to this trouble? the trade secretary has been saying it is all about the longer term potential. think of it as buying a start up. you wouldn t buy a small company like that and expect it to be delivering on the day. you are thinking about the potential and we have got in early. yes, many of those countries we already had deals before. had deals with before. but actually cptpp brings new
of the world s income. they are looking to make it easier and cheaper to trade with each other, and also invest. but in total, we sold almost as much to germany as to all these countries put together last year. and we already have free trade deals with most of them, seen here in blue. it s just brunei and malaysia left, the tiny ones in red. so the financial gains may be minor. 0n the government s calculations, it could add just 0.08% of our gdp in a decade or so. in other words, only an extra sp to every £100 we earn. that goes little way to compensate for the blow the government s independent forecasters reckon could result from leaving the eu, which could leave incomes 4% smaller than they could otherwise have been. and there s issues the government has had to navigate tojoin, including how much access foreign
demonstration of the economic benefits of what he called post brexit freeman. i m joined now by the leader of the liberal democrats, sir ed davey. thanks for being with us. do you agree with rishi sunak, that perhaps we are seeing the benefits of a post brexit world? we are seeing the benefits of a post-brexit world? post-brexit world? tomorrow, eo - le s post-brexit world? tomorrow, people s taxes post-brexit world? tomorrow, people s taxes will post-brexit world? tomorrow, people s taxes will go - post-brexit world? tomorrow, people s taxes will go up - post-brexit world? tomorrow, people s taxes will go up in - post-brexit world? tomorrow, | people s taxes will go up in the post-brexit world? tomorrow, - people s taxes will go up in the new financial year, and lots of people cosmic energy bills will go up. people s living standards are falling at a great rate. for conservatives to say this is some kind of legal miracle shows they are just not on this planet, they are totally ou
china s factory activity expanded at the fastest pace in more than a decade. stock index futures bouncing a little bit. yesterday stocks extended their february losses for the month the dow fell more than 4%. the s&p down almost 3%, nasdaq down more than 1%. consumer confidence fell for the second month in a row dragged by inflation and recession worries. new this morning general motors is cutting several hundred salaried jobs part of gm s plan to slash $2 billion in costs the next couple of years. gas prices steady, $3.36 per gallon. and back to real estate. u.s. home prices falling for the sixth month in a row down 0.08%. housing market cooling rising mortgage rates cold water in what was a red hot market in the past few years. let s bring in in bess friedman.
thank you, steve. dana: you already know food prices are skyrocketing. nothing is getting more expensive than a staple in your kitchen eggs, egg prices surging 60% last month from the same time a year ago putting a squeeze on restaurants and cafes. joining us now is joe, owner of new york bagel cafe located in ac actual tulsa. eggs are one of our main profit centers since day one. when we opened they were 7 or $0 $0 $0.08 approaching $0.40 a piece. dana: have you had to raise prices? we have but not as high as