Products to start in october 2026. And. The chancellor says its in order to maintain the financial incentive to choose vaping over smoking. Lets move on to the broader picture for the uk economy. In the office of budget and responsibility has predicted that. Remember, were in a technical recession at the moment. Lets move onto debt. Lots of figures in numbers but its important we take you through the main developments from todays budget. In a moment ill be discussing is in finer detail with my colleague. Ill also bejoined by our Economics Correspondent who is in the newsroom for us. First our Political Correspondent looks back at todays development here in West Minister. I5 at todays development here in West Minister. ,. ,. , minister. Is this an Election Winnin minister. Is this an Election Winning budget, minister. Is this an election | winning budget, chancellor . Minister. Is this an Election Winning budget, chancellor . As jeremy hunt pose for the last photo, dues before the budge
in the us this month so i think we can be helpful that some of these changes are going to lead to. i don t think the relationship will improve overnight but at least we can start talking to each other about the problems that we have. another somewhat new term that we have heard over the weekend from the g7 summit is economic coercion, can you talk us through what this means? so, economic coercion is something that i so, economic coercion is something that i chinese government has done quite a lot of, as it market grew more important and consumers group more important, sometimes coordinated directly from beijing and sometimes mobilising people and consumers not to buy goods from nike or h&m because of the stars that took on the human rights abuses. it happened to let the radio 4 things it said regarding taiwan, it is happen to south korea, it has happened to the philippines, and it
sustaining the luxury watch market? , ., ., , market? it is a unique category of product. market? it is a unique category of product. it market? it is a unique category of product, it is market? it is a unique category of product, it is a of product, it is a concentration in switzerland which means the industry is very well controlled, a focus on but timepieces are aspirational, it will be a family heirloom, it is one that celebrates major events in your life, and it has always been so. they have been around since the 17th century and last year was the best year ever for the industry, it continues to grow. we are in no cost of living crisis around the world post covid 19, who is finding the money, tens of thousands of dollars for some of these watches? dollars for some of these watches? , , ., . ., watches? oh, yes and much more, we saw products watches? oh, yes and much more, we saw products yesterday - watches? oh, yes and much more, we saw products yesterday with - we saw
look elsewhere, what is the job market like out there? it is look elsewhere, what is the ob market like out there? it is bleak would be perfectly market like out there? it is bleak would be perfectly honest. - market like out there? it is bleak would be perfectly honest. the . market like out there? it is bleak i would be perfectly honest. the jobs would be perfectly honest. thejobs that are there, the money isn t really this to make me worth moving at the moment. it might only be a few hundred pounds a year more. it is simply because what i do is specialised. in the it market the wages fell a i way and they re not recovering faster. the jobs that are there, they want people with cross platform skills, but don t want to pay for it and they re struggling to find people, because they aren t there. i find people, because they aren t there. , . . there. i will squeeze a final question there. i will squeeze a final question in. there. i will squeeze a final question in. you there.