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Transcripts for BBCNEWS BBC News 20240604 11:03:00

pressure off prices. fiscal policy, too, the government has said it has a plan to tackle inflation. that effectively means in practice that it keeps on saying, we cannot afford this, we cannot afford that, that means it is putting less money into the economy than it otherwise would, one of the reasons why there is less money for everyone to spend, and by the imf as projecting that ours will be the weakest economy for growth next year. of any advanced economy, not just the g7, next year. of any advanced economy, notjust the g7, but next year. of any advanced economy, not just the g7, but actually the top 15 most developed countries. it is really striking that they are predicting that russia will grow in spite of all of those international sanctions, whereas our economy will not. joining me now is our political correspondent nick eardley. not even doing as well as russia. how is the government going to address this? the how is the government going to address this? how is the government

Transcripts for BBCNEWS BBC News 20240604 11:16:00

the headlines on bbc news: global financial institution the imf predicts that the uk will be the only major economy to shrink in 2023, but says the government is shifting in the right direction. it s been five years since a report into the treatment of families of the hillsborough disaster, which included 25 points of learning. the author criticises the government, saying it is intolerable that it still hasn t responded. ministers set out a plan to improve the environment in england, but campaigners have questioned whether it goes far enough to stop the loss of wildlife. the government has revealed its blueprint for how to clean up air and water, boost nature and reduce waste in england by 2030. under the 25 year environmental plan, everyone will live within 15 minutes walk of a green space or water. habitat for wildlife will be expanded and there will be 25 new or enlarged national nature reserves. and more money will go

Transcripts for BBCNEWS BBC News 20240604 10:04:00

impact of brexit and other factors relatively unique to the uk, but they have not mentioned brexit specifically as a factor, it is more that policy is all geared to trying to dampen down inflation. we have higher inflation in the uk than most other countries in advanced economies, still more than io%, still in double digits, and the united states it has gone well down to less than 7% and similarly in other euro area countries, so the higher inflation means the bank of england has to work harder by raising interest rates in order to take money out of the economy and take money out of the economy and take some of the heat out, some of the upward pressure on prices. fiscal policy, the government says it has a plan to tackle inflation, what that effectively means is if it keeps on saying we can t afford this, this and that, that means it is putting less money into the economy than it otherwise words and thatis economy than it otherwise words and that is one of the reasons there is

Transcripts for BBCNEWS BBC News 20240604 10:35:00

more efficient in buildings, action to get councils to reduce air pollution, all these kind of things together are added to. the government said this added to the effort the government is already making. this is on top of what the government is already doing. one of the other important announcements today according to the government as it is going to put environmental protection at the heart of all new environmental policy. so it says you have to see this in a round. ambitious targets and acknowledged its on the back foot of them at the moment and said this is the way it will draw everything the government does together to try and hit those targets. by 2030, so it is really ambitious. i have to say, wildlife charities today have been a bit muted in their reception of this plan. they have said they want to wait and see whether this is really a whole government response. they say the step change in action and ambition that is needed is

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