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Transcripts For BBCNEWS BBC News 20240706

violin plays. ceremonies are being held to mark holocaust memorial day to remember the millions of people persecuted and murdered by the nazis. and britain s alfie hewett and gordon reid secure theirfourth successive australian open wheelchair doubles title their 16th grand slam title together. hello and welcome. the chancellor, jeremy hunt will make a major speech shortly about where long term growth in our economy will come from. mr hunt is expected to dismiss gloom as he sets out plans to increase productivity in the uk. it s also thought he ll pledge a relentless focus on the key industries of the future. but it comes against the backdrop of a cost of living crisis and ongoing strikes about public sector pay. it comes in a week the government has faced accusations it has no long term plans for growth. according to advance extracts from his speech released by the treasury he will say. the government will offer a plan for long term prosperity based on british genius

Transcripts For BBCNEWS BBC News 20240706

germany. your speech suggests you don t acknowledge these things. if you cant don t acknowledge these things. if you can t see the problem, chancellor, why would voters believe you can chancellor, why would voters believe you can fix chancellor, why would voters believe you can fix it? you can fix it? joel, let s get that bit ri . ht! you can fix it? joel, let s get that bit right! i you can fix it? joel, let s get that bit right! | think you can fix it? joel, let s get that bit right! i think you you can fix it? joel, let s get that bit right! i think you are - bit right! i think you are completely wrong. my entire speech is about how we deal with the productivity paradox that is at the heart of why we haven t seen that growth in real incomes, if we don t invest in improvements in our education system, in our skills, if we don t find opportunities for the millions of people who could work and contribute to our economy back down at the moment, we are not going to s

Transcripts for BBCNEWS BBC News 20240604 09:31:00

and apply for help in the autumn statement tackles that route because of instability in the british economy. the prime minister talked about having inflation is one of his five key priorities. in doing so is the only sustainable way to restore industrial harmony. but i want to talk about his second priority, to grow the economy. just in case you weren t completely sure of that, i have helpfully put it out on a screen behind me. we want to be one of the most prosperous countries in europe. today i m going to outline the four pillars of our plan to get there. just as our plan to have inflation will require patients and discipline, so too will our plan for prosperity and growth. but it s also going to need something else which is in rather short supply optimism that we can get there. just this month, columnists from both left and

Transcripts for BBCNEWS BBC News 20240604 09:53:00

powerhouses we see in other countries, our gdp would be second only to the united states and germany for gdp per head. that is why levelling up and really matters. and why last week, it was so exciting to see the progress being made. since february 2020, when the levelling up agenda got under way, 70% of new employerjobs have been created outside london and the south east. thanks to our powerhouse regions, we remain one of the top ten manufacturers globally, and the same is starting to happen with new technologies, whether fintech in store, gaming and dundee, clean energy in teesside. every region has seen pay go faster than in london since 2010, which shows that our approach to regional growth is working. but there is much more to do. and whilst government grants can play a galvanising role, they aren t the whole answer. we also need the

Transcripts for BBCNEWS BBC News 20240604 10:00:00

something you would be pleased about for another reason, but it is something we should be proud of and work hard for. something we should be proud of and work hard for- work hard for. let s get into the questions work hard for. let s get into the questions that work hard for. let s get into the questions that the work hard for. let s get into the questions that the chancellor i work hard for. let s get into the l questions that the chancellor has agreed to take. joe hill s from itv. welcome to viewers on bbc world. we are watching uk chancellorjeremy hunt on the right of your screen answering questions after a speech he has just given on answering questions after a speech he hasjust given on promoting growth in the uk. fin he hasjust given on promoting growth in the uk. on declinism, as ou oint growth in the uk. on declinism, as you point out. growth in the uk. on declinism, as you point out, many growth in the uk. on declinism, as you point out, many countries - growth in

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