between the uk and the eu, as sara girvin reports. across northern ireland today people woke up news of a political breakthrough thats has been nearly two years in the making, the lack of a functioning executive for so long has caused many issues for the lives of people, public sector workers were out on strike earlier this month over pay. unions hope that increases will now be a priority. our members have a sense of hope but they are apprehensive. teachers haven t had a pay increase for three year, they really have waited long enough. they have watched teachers wages grow far ahead oaf wages in northern ireland. that is one priority. parents hope that financial hope with childcare available in other parts of the uk will now be signed off. families here have been watching developments elsewhere in the uk, in england we have seen record investment in childcare and the extension to 30 hour scheme, it is considerably more than families can access in northern ireland. the dup wal
in the uk are at an all time high as country. its lowest ever now we have the round up of the business news and one of those headline stories you are concentrating on. welcome to the programme. yes, on course for stronger than expected recovery. that is the assessment from the international monetary fund on the state of the global economy in its latest world economic outlook update. the imf predicts that global growth of 3.1% this year and slightly higher growth in 2025. it also says that inflation is declining faster than expected because many supply chain problems caused by the pandemic have now been resolved. the imf has, however, issued a warning to the uk government not to cut taxes any further and suggested that treasury percent planned spending cuts for this year were unrealistic. earlier i spoke to the imf s chief economist and i asked him what his concerns were over the uk cutting those taxes. ~ , ., taxes. well, first, for the uk, we are seeing taxes. well, first,
trade barriers between northern ireland and the rest of the uk. it s not clear yet what s in the deal, but it won t reverse the basic settlement between the uk and the eu. speaking in the last hour or so, dup leaderjeffrey donaldson said the deal vindicated his strategy of boycotting the assembly. thoses who said there will be no legal change, who were protecting all kinds of outcomes, what things would fall short well, i simply have asked people to wait and see the outcome. we at and see the evidence and judge for yourself what this deal does, what it delivers, the change that it secures. and i believe we are now beginning to see on day one that delivery coming through. there will be more to come. tomorrow, the government will publish the proposals so everyone in northern ireland will be able to see clearly what has been agreed, what is proposed, what change will come, what difference will it make for all of us in northern ireland? and i look forward to the publication so