growth for the month which was broadly in line with economist expectations. the sluggishness comes after the uk economy recorded its fastest growth in two years from january to march, exiting the recession it fell into in the final half of last year. but my opening question starting with you, geoffrey cox, is rishi sunak right to say the economy has turned a corner? i think he is, no economy has turned a corner? i think he is. no doubt economy has turned a corner? i think he is, no doubt about economy has turned a corner? i think he is, no doubt about that. economy has turned a corner? i think he is, no doubt about that. all - he is, no doubt about that. all predictions show that growth will continue this year an increase next year and inflation is down to 2.3 and we can look in the next two or three months to cuts in interest rates. it s definitely turned the corner, no doubt about that. this is one month of figures. it is corner, no doubt about that. this is one month
Heatwave in june for 20 years. But as the temperature soars, a Health Warning is issued to those struggling to stay cool. And Manchester United boss Jose Mourinho is accused of tax fraud by spanish prosecutors, during his time at real madrid. Its five oclock. Our main story is that the chancellor, Phillip Hammond, has set out his own defined goals for a brexit deal, calling for an outcome which puts jobs and prosperity first. He also said that migration needed to be managed not shut down. In a speech in the City Of London, the chancellor said british people had voted to leave the eu, not become poorer a point underlined by the governor of the Bank Of England, mark carney, who said brexit could bring higher prices and job losses. Our economics correspondent Andrew Verity reports. The chancellors Brexit Agenda was supposed to be delivered over a sumptuous banquet at the citys Mansion House last week, but it was cancelled following the Grenfell Tower tragedy. Today he turned up at the sam
Sean spicer, would the president be okay with a package with a time line in which the tax cuts would be enacted and people would feel it in 2018 and not 2017. A bit of ambiguity. Heres spicer. Theres two issues. Fiscal year 17 and calendar year 17. For tax purposes, its calendar year 2017 that theyre probably most concerned with. The president as we work with congress will have those details to be able to flush out. Something that they have to work can congress on. President trump dropped news on this whole conversation just moments ago telling reuters in an interview, speaking about the border adjustment tax, which is a big question in this. The president said, and im quoting from reuters here, it could lead to a lot more jobs in the United States. As that article dropped, spicer talked up the merits of it
saying it benefits workers, americans and the economy. Nothing from the white house yesterday, but certainly it appears theyre starting to talk it up just a bit. Neil . Neil very in
Why rob portman is hopeful. Mick mulvaney is warning. And steny hoyer is fighting mad. Theyre all here and only here. We begin with blake burman with the latest. Blake . Its clear here in the halls of the capitol as House Republicans mark up their bill and the senate will release their bill later this week. Theres a host of issues to work through. Earlier today, the club for growth, an influential Republican Group put out a note saying they have issues with four Different Things on the individual side of this House Republican plan. Here they are. Top tax bracket for millionaires with the possibility that those that make in the low Million Dollar range can see the top end taxed north of 45 . They take issue with a portion of passthrough profits would be taxed 25 . Growth. You had big deficits. It wasnt tax cuts that did it. Cuts create growth and growth creates revenues neil but you left out Ronald Reagan. I know. Deficits didnt grow with him. The first two years were high because we ph
that there are two main reasons. say that there are two main reasons. 50 say that there are two main reasons. so first of all, we should say that the european union is engaged in negotiations with tunisia for, i quote, a partnership that includes provisos of financial aid in exchange for a stronger operation on migration. this agreement is based, for example, in help, financial aid, in exchange for stronger cooperation on migration and intensifying the. bolstering the role of tunisian coastguards in migrant interception. when you say interception do you mean to help them go back to help them arrive? m0. mean to help them go back to help them arrive? them arrive? no, no. to help. it means to them arrive? no, no. to help. it means to not them arrive? no, no. to help. it means to not let them arrive? no, no. to help. it means to not let them them arrive? no, no. to help. it means to not let them go - them arrive? no, no. to help. it