this is something that you see in developing countries going through difficulties. you normally do not see this in a g7 economy. the former governor of the bank of england, mark carney, made a rare intervention, saying the turmoil was down to the mini budget and a pattern of undermining economic experts. there was an undercutting of some of the institutions that underpin the overall approach, so, not having an obr forecast, and certainly a budget that is based on an acceleration of growth, or would appear to be based on that, certainly that s the aim, but if that s what s necessary for the numbers to add up, it s important to have it subject to independent and, dare i say, expert scrutiny. amid globalfalls in stock markets, the value of british consumer brands tumbled in particular, with retailers next, ocado
economic experts. there was an undercutting of some of the institutions that underpin the overall approach, so, not having an obr forecast, and certainly a budget that is based on an acceleration of growth, or would appear to be based on that, certainly that s the aim, but if that s what s necessary for the numbers to add up, it s important to have it subject to independent and, dare i say, expert scrutiny. today, amid global falls in stock markets, the value of british consumer brands tumbled in particular, with next, ocado and pets at home down over 10% had traders expected a squeeze on consumers and the housing market. despite a recovery in sterling today, the weaker pound is increasing prices further for everyone from clothes retailers to this kids bike manufacturer.
believe the government is going to be able to hit them. forgive me, but is it the problem be able to hit them. forgive me, but is it the problem not be able to hit them. forgive me, but is it the problem not that be able to hit them. forgive me, but is it the problem not that the - is it the problem not that the chancellor and prime minister don t really seem to care? in an interview with laura, he said there is more to come, do they are understanding that they are according to many people reckon the economy at the moment and what will they do in the short term. this statement in november is miles ahead in terms of dealing with this crisis now and also just what other think the sacking of the secretary of the treasury who would not have approved of this and it was pretty clear that kwasi karteng knew that with the case and that s why he sacked him on arrival at number 11? we can only speculate and as i ve already we can only speculate and as i ve already said you are right we ha
party to time for the conservative monastery party to come together to do whatever it takes or push for growth and as whatever it takes or push for growth and as i whatever it takes or push for growth and as i say, whatever it takes or push for growth and as i say, we need that reassurance of that obr forecast if we can reassurance of that obr forecast if we can get reassurance of that obr forecast if we can get that same and it says the right things we can get that same and it says the right things and i think there is a chance we right things and i think there is a chance we can start to turn the tide here i chance we can start to turn the tide here i was chance we can start to turn the tide here. i was late in the chancellor to bring here. i was late in the chancellor to bring that forward and let s have it quickly to bring that forward and let s have it cuickl . . ~ to bring that forward and let s have it cuickl . ., ,, , to bring that forward and let s have it cu
so, a flavour of the front pages you will be waking up to tomorrow morning. let s begin, lovely to have you both back. katy balls, you will kick us off first. you ain t seen nothing yet, apparently. find kick us off first. you ain t seen nothing yet, apparently. and yet we did see quite nothing yet, apparently. and yet we did see quite a nothing yet, apparently. and yet we did see quite a lot nothing yet, apparently. and yet we did see quite a lot on nothing yet, apparently. and yet we did see quite a lot on friday, - nothing yet, apparently. and yet we did see quite a lot on friday, they . did see quite a lot on friday, they called it a mini budget, did see quite a lot on friday, they called ita mini budget, in did see quite a lot on friday, they called it a mini budget, in large because there was no obr forecast to go along with it, a fiscal event that would normally happen in the event of a budget. yet we saw a series of tax cuts announced, and pretty drastic ones. notjust