Lays out her plans for the uk economy. We take a look at how they stack up. Take over or turn around . Rumours mount over the future of struggling Chip Maker Intel. And still there for us. Friends after all these years. How the Hit Show is doing after 30 years since monica, ross, rachel, chandler, Joey And Phoebe met in that new York Coffee bar and made a fortune. Welcome to business today. Im mark lobel. We start here in the uk where the chancellor, Rachel Reeves, has been laying out her plans for the economy ahead of the new governments first budget next month. The first ever female Uk Finance chief struck a positive tone. She is pledging a new era of stability after years of economic uncertainty. Saying his is a pro business, pro Worker Government that will deliver a New Industrial Strategy to unlock Growth And Draw in investment. Im joined by chief Uk Economist at pantheon macroeconomics, rob wood. Thanks forjoining us. What is your big takeaway from this speech ahead of next Month
was also what he has said over the last 4 weeks, since he took over from kwasi kwarteng as chancellor. there has been a very visible premium applied to the cost of uk assets, government debt. for many viewers it is mortgages, credit cards, the value of the pound also has recovered quite considerably from its lows of the end of september. yes, at this point, he s done enough. the question, of course, on many people s clips is what has that done for the economic outlook people s lips. for businesses and workers, they will be wondering whether this feels a deeper reception, despite unemployment, which is the legacy of a botched mini budget back in late september. a botched mini budget back in late setember. , a botched mini budget back in late setember. h a botched mini budget back in late setember. , ., ., september. let s look at that in more detail. september. let s look at that in more detail, this september. let s look at that in more detail, this economic- september. let