Weve got our forecast down from 1. 7 in april, down to zero point a present. We have already said risks were the downside when we made this forecast was up is down by almost one percentage point. There are number of factors, the continuing crisis in the world that we see and now of course we have the crisis in The Middle East. We have the slowdown in growth in china, we also have high Interest Rates that have continued. We see weak demand across the board for them in most sectors in most geographies. Thats why we cut the forecast. Cut the forecast. How much of this is actual cut the forecast. How much of this is actual policy . Cut the forecast. How much of this is actual policy . Were. This is actual policy . Were hearing from the west this idea of nearshore income of french or income of Rebuilding Supply Chain away from east asia for the friend sharing. How much of this is here to stay and how much of a problem is that . We saw there much of a problem is that . We saw there is much o
albania drop by over 19%. that shows you the deterrent works and that is why i prioritise getting that up and running by the way the national crime agency also believed the deterrence work. it is crime agency also believed the deterrence work. it is important to be c stal deterrence work. it is important to be crystal clear deterrence work. it is important to be crystal clear with deterrence work. it is important to be crystal clear with our deterrence work. it is important to be crystal clear with our audience l be crystal clear with our audience here. we are asking you about this controversial scheme to send migrants arriving on uk shores to rwanda. we are not asking about what happen to their return still with albania. do you deny completely that you ever had any doubts about the efficacy or the value for money of sending migrants to rwanda do you deny completely that you ever had any doubts about the efficacy doubts about the efficacy or the value for money of sending migrant
documents i have seen, number ten documents from 2022, describe your view as believing the deterrent would not work. do you deny that? i would not work. do you deny that? i haven t seen the documents so i can t comment on that. do haven t seen the documents so i can t comment on that.- haven t seen the documents so i can t comment on that. do you do know ou can t comment on that. do you do know you had can t comment on that. do you do know you had doubts can t comment on that. do you do know you had doubts about i can t comment on that. do you do know you had doubts about the i know you had doubts about the deterrent effect of sending people to africa? the deterrent effect of sending people to africa? , ., ., , , to africa? the proof is in my actions will to africa? the proof is in my actions will stop to africa? the proof is in my actions will stop i to africa? the proof is in my actions will stop i obviouslyl actions will stop i obviously believe deterrence works because wh
if you have a loan it could also affect you too but for some people it s good news, because there could be a higher rate on your savings. let s get some analysis from the chief economist at allianz, ludovic subrab. hejoins us from munich. very good to see you, ludovic. tell us what you think is going to happen in the next minute or so and what the announcement will be from the bank of england? let the announcement will be from the bank of england? the announcement will be from the bank of england? let me take out my c stal bank of england? let me take out my crystal ball- bank of england? let me take out my crystal ball- i bank of england? let me take out my crystal ball. i think bank of england? let me take out my crystal ball. i think the bank of england? let me take out my crystal ball. i think the markets - crystal ball. i think the markets are expecting a hike which is still quite an aggressive hike when you look at what the other central banks of the world are doing. a we
illegal invasion of another country, violating their territory, that is a flavouring breach of international law. those principles which, not just us, but countries around the world think are important to our. you have seen that in the widespread combination in the united nations. you saw it today at the summit. press putin is inflicting untold misery millions of people. we are going to continue supporting the crane for as long as it takes to eliminate sufferings to make sure they have their sovereignty and freedom back. and lastly, if i could just go to the sun. can freedom back. and lastly, ifi could just go to the sun. just go to the sun. can you be c stal just go to the sun. can you be crystal clear. just go to the sun. can you be crystal clear, can just go to the sun. can you be crystal clear, can you - just go to the sun. can you be crystal clear, can you make i just go to the sun. can you be - crystal clear, can you make remarks atrout crystal clear, can you make remarks a