take money out of the economy and take money out of the economy and take some of the heat out of edge, some of the upward pressure on prices. fiscal policy, the government says it has a plan to tackle inflation and what that effectively means there is a keep saying we can t afford this, this and that, meaning it is putting less money into the economy than it otherwise would and that is one of the reasons there is less money for everybody to spend and why the imf projects we will be the weakest economy for growth next year of any advanced economy, notjust the g7 but the top 15 most developed countries. it is really striking that they predict that russia will grow in spite of all the international sanctions, whereas our economy won t. international sanctions, whereas our economy won t- economy won t. finally and briefly, when a big economy won t. finally and briefly, when a big organisation economy won t. finally and briefly, when a big organisation like - economy won t. finally and
and liverpool is successful, and the bbc will and liverpool is successful, and the bbc will have production cost as well and bbc will have production cost as well and we will have to contribute as a government in terms of security arrangements and to make sure that it is a arrangements and to make sure that it is a celebration for ukraine and it is a celebration for ukraine and it does it is a celebration for ukraine and it does ukraine proud. these generate it does ukraine proud. these generate income and it s going to be fantastic generate income and it s going to be fantastic news. it will be a legacy impact fantastic news. it will be a legacy impact as fantastic news. it will be a legacy impact as well. it s fantastic news. it will be a legacy impact as well. fantastic news. it will be a legacy impact as well. it s been a couple of weeks. impact as well. it s been a couple of weeks. is impact as well. it s been a couple of weeks. is it impact as well. it s been a
talking about employment and what impact that has on the economy. it impact that has on the economy. lit is a curious recession to be heading into, if you re a country heading into, if you re a country heading into one. we are experiencing labour shortages right now as an after effect of the pandemic, lots of people reappraising what they want from their lives. unemployment is very low. in the uk it is low. in the us it hasn t been so low since the us it hasn t been so low since the 1960s, the us it hasn t been so low since the 19605, 3.7% the us it hasn t been so low since the 1960s, 3.7% over there. even if things get tough, it means you are less likely to lose yourjob and more likely to find a replacement evenif more likely to find a replacement even if you do. there is a flip side to that. when you have a tight labour market, that in itself can be another cause of inflation, because employers have to work harder to get you to work for them and they might have to pay you more. it co
sally. and impact of all of this. hello, sally. and it impact of all of this. hello, sally, and it seems - impact of all of this. hello, sally, and it seems like - impact of all of this. hello, sally, and it seems like a l sally, and it seems like a winter of discontent, echoes of what happened in the 1970s because as you say we have not just got postal workers walking out, even driving examiners, and also nurses and rail workers and all of this strike action is set to have a really difficult effect on notjust public services but also small businesses in particular because with postal workers going out on strike, that is affecting the delivery of parcels in the run up to christmas, which is such a crucial time for small businesses, and the pub chain fuller s are concerned about the strike action taking place of rail workers in a week, which is crucialfor of rail workers in a week, which is crucial for christmas parties for example. the uk is already in recession and actually, it is
i am reliably informed we can speak to a guest about the cop27 summit, as we mentioned, the loss and damage fund, it ends 30 years of waiting for developing countries. that is the deal that was struck. nicolette bartlett joins the deal that was struck. nicolette bartlettjoins me. are you there and can be heroes? are you there and can be heroes? , ., heroes? yes, i am indeed. to have yom heroes? yes, i am indeed. to have yom just heroes? yes, i am indeed. to have you. just to heroes? yes, i am indeed. to have you. just to say - heroes? yes, i am indeed. to have you. just to say you - heroes? yes, i am indeed. to have you. just to say you are | heroes? yes, i am indeed. to| have you. just to say you are a veteran at these summits, and it looks exhausting once again, similar scenes to what we saw in glasgow last year. how significant is the deal done with though? how significant is this deal done that will help developing countries who are dealing with probably the worst impact of