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Transcripts For BBCNEWS Business 20240703

The news comes after the boss of the Bank Of England, andrew bailey, said the economy had turned a corner, but wasnt yet in a strong recovery. For more on this im joined now byjackie bowie, head of europe at chatham financial. Where is this growth coming from . The good news is the Surprise Upside in gdp was actually very broad based. If you look across the different components of gdp we saw a good recovery in the Service Sector activity. Actually good recovery in Consumer Spending as well because obviously thats been a big focus with The Cost Of Living issue and of course then with inflation that we have seen over the last year as well. So i pretty broad based recovery and again it took some economists by surprise this morning. Are you breaking out the champagne now, are the recession time is completely behind us . It certainly looks like we completely behind us . It certainly looks like we have completely behind us . It certainly looks like we have exited completely behind us . It ce

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Transcripts For BBCNEWS World 20240702

our correspondent theo leggett has the details. when alison rose said injuly that talking to bbcjournalist about talking to bbcjournalist about talking about nigel farage s bank account was a serious error of judgment but it s also turned out to be an expensive error ofjudgment as well. as you said, dame alison will receive her contractually entitled salary and other allowances until her period of notice ends injuly next year and it is worth about 2.4 million so it s more like £10 million so it s more like £10 million because she was entitled to long term share options and bonuses as well and bonuses about something like 2.6 million so overall she will lose £7.6 million and the reason is that natwest says she did not qualify as a good lever, someone who leaves a job on normal service where you walk out the door with a handshake and everyone is happy. it wasn t like that and she was not a good lever oh she forfeited a large chunk of the money she was owed natwest they had n

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