Pessimists on the other side think are too ambitious. Mr speaker, i love our country but what i love most about our country is the people. All the people. But the reality is all the evidence is showing the rich are getting richer and the poor are getting. All the evidence and the poor are getting poorer. With those hit by austerity dying early, so, what is the prime minster going to do now to address these inequalities, not by 2050, or does taking back control means that he is more interested in sustaining wealth, income and power with the few, not the money . Im afraid what the later mac says is absolutely diametrically the opposite of the truth because income inequality has in fact declined since 2010. It has the incomes of families on the living wage, a policy promulgated by this government have increased by £4500 on it since 2010. And wages are now rising faster than inflation for the first time in a decade. And it is this party that is committed to higher wages and higher skills.
Host so scott kupor, what does a Venture Capitalist do . Guest so basically what we do is we provide money to companies that are trying to grow and hopefully become very Big Companies like facebook or google or apple someday. If were doing our jobs correctly we are helping them grow the company so we dont work in the businesses but hopefully we can provide introductions, help navigate new challenges as they go through the business. We like to think of ourselves as a money provider and hopefully a supporter. Host why cant a company such as the ones you describe just go to a bank and go through traditional avenues . Guest its a good question. Most of the businesses we invest in our very risky businesses that will lose money for a long time as Investment Business and banks are not in the business of doing that or taking risk of losing their capital. We are willing to take that risk. About half of what we invest in we will lose all our money in. Any bank of you that idea to would not be to
But still well above 1350 right now. Lets get back to that oil story. President trump blaming iran for attacksrecent tanker after u. S. Officials released these pictures, video they say proves the Islamic Republic was involved in an attack indie gulf of oman. We are joined by kepler oil and of paris, andt will kennedy, bloomberg managing editor for oil and commodities. That the americans are right and the iranians are conducting a campaign against tankers in the gulf of oman, and potentially spreading further into the straits of hormuz. What does history tell us about the effect that this could have on pricing . Thanks for having me, first of all. Hello. As you said, it is not the first time that we are seeing tensions between iran and the u. S. In the region. We seen iran many times come up with threats that could close the straits of hormuz. I would be very cautious in looking at exec leawood happened yesterday. To seewe are not able exactly what happened in terms of the attack. I wo
Commissioner bridges and commissioner servais is not in attendance today. We do have a quorum right. Thank you. Can i ask you, madam secretary, to turn your volume up a little . Can you do that . Its sort of. Is that better . Better better. Item number two, communications. We welcome the publics participation during Public Comment periods. There will be an opportunity for general Public Comment at this meeting after closed session and there will be an opportunity to comment on each discussion or action item on the agenda. Each item each comment is limited to two minutes. Public comment will be taken both in person and remotely by calling for each item, the board will take Public Comment first. People attending the meeting in person and then from people attending the meeting remotely. Comments or opportunities to speak during the Public Comment period are available by phone by calling. 56550001. Access. Code 26605203021. Then pound, then pound again when connected you will hear the meet
Before meeting of august 17, 2023. At this time. Hey, just give me one second here. Get me organized. Im doing my survey. All right. Okay welcome, everyone. Thank you for all the participation on the board level and im madam secretary. Do you want to call the roll, please . Thank you, commissioner. Commissioner connor. Present mr. Thomas. Present. Present. Helfen. Present mr. Driscoll. Here mr. Gandhi. Present commissioner bridges and commissioner servais is not in attendance today. We do have a quorum right. Thank you. Can i ask you, madam secretary, to turn your volume up a little . Can you do that . Its sort of. Is that better . Better better. Item number two, communications. We welcome the publics participation during Public Comment periods. There will be an opportunity for general Public Comment at this meeting after closed session and there will be an opportunity to comment on each discussion or action item on the agenda. Each item each comment is limited to two minutes. Public c