We heard from the new chancellor, rachel reeves, that economic growth is one of the governments top priorities, and any Indication Today that the economy is turning a corner will be crucial momentum for the new Government Plans to, as they put it, rebuild britain. Lets discuss this with hetal mehta, head of economic research at st jamesS Place. Do you think we will see Growth Today . Will that be the number four, something upwards . That is the expectation, four, something upwards . Twat is the expectation, what most Market Participants are expecting and i think even the poor weather in the previous month, it seems quite likely thatis month, it seems quite likely that is what we will see, 0. 2 increase would probably in line with what is expected, but what we can look forward to having that better pace of growth and a lot of people have written off the first quarter as a bit off the first quarter as a bit of a blip, but we need to see the fundamentals of the Uk Growth start to improve.
More then on that Trade Deal. So, after a lot of back and forth, the bbc understands that a Trade Deal has been done between the uk and australia. The broad terms of the deal have been agreed, with a formal announcement expected later today. Uk prime Minister Borisjohnson and australian prime Minister Scott Morrison sealed the pact over dinner in downing street last night, marking the first Trade Deal to be negotiated from scratch since the uk left the european union. Not everyone is happy, though, some british farmers warn that australian producers could flood the Uk Market with cheap meat products. However, Robert Mackenzie a Beef Farmer from New South Wales says that is not their plan. For us to move product into the uk, its the pinnacle of success. It is where our grassroots came from, and we would be very proud to provide high Quality Product to the consumers in the uk. Look, in the last 12 months we have been very focused on the Uk Market and we are actually planning our move to
late on monday, us presidentjoe biden met to discuss the global chip shortage. last week, us auto giant general motors said it would suspend or reduce production at three plants because of the lack of semiconductors. other car makers have already reduced output. samira hussain has the latest from new york. the aim of the virtual summit was to discuss the global shortage of semiconductors, a shortage of semiconductors, a shortage that is costing american countries, companies billions of dollars and forcing massive temporary layoffs. many factors contribute to the overall lack of chips including much higher than expected demand for them, and the sheer number of items that require them, anything from laptops to cellphones, cars, and even refrigerators. chinese tech companies have exacerbated the crisis. most of the world s supply of semiconductors comes from asia, something the us president wants to change. for too lona president wants to change. for too long as president want
good to have you with us. is working from home your new normal once again? that s certainly the case for workers in england who ve been told where possible stay at home as part of the government s plan b measures to tackle the spread of the omicron variant of covid 19. the governments in scotland, wales and northern ireland had already advised staff to continue working remotely wherever possible. here s our transport correspondent caroline davies. dwindling numbers under the commute on friday and from today many workers will stay at work after the advice in england changed again. you should work england changed again. you should work from england changed again. 7m. should work from home if england changed again. 7m, should work from home if you can. i know this will be hard for many people but by reducing your contacts in the workplace, your contacts in the workplace, you will help slow transmission. . ., , transmission. some resigned, others disappointed. - transmission.