decisions on interest rates and they put up interest rates again by 0.25%. the last time they were there was middle of they were there was middle of the financial crisis in 2008. they also say they will stay for that level for quite some time so this idea of high interest rates to say is here to stay. interest rates to say is here to sta . f , interest rates to say is here to sta . j , , . to stay. they re big picture message to stay. they re big picture message is to stay. they re big picture message is not to stay. they re big picture message is not great, - to stay. they re big picture message is not great, it i to stay. they re big picture message is not great, it is| message is not great, it is pretty bleak. they are saying things may not be as bad as had been predicted. been predicted. that s where the graphs been predicted. that s where the graphs come been predicted. that s where the graphs come in been predicted. that s where the graphs come in and - bee
of the financial crisis, 2008 ish? yes. and they have said they will stay about that level for quite a while, so the idea that interest rates are here to stay is here to stay. and the big picture message is not great, it s pretty bleak, but they are kind of saying things might not be as bad as had been predicted. yes, that s where the graphs come in. we will now try and paint graphs with words, but they looked at inflation, which they do in all these reports and actually, they are now suggesting that inflation will fall faster than they predicted when they lasted this back in november. politically, that helps rishi sunak, showing his first pledge of halving inflation by the end of the year is comfortably going to be met on this trajectory. yes, and voters and lots of people will say hurrah to that. as far as the politics is concerned, there will be, as there was when he announced this, a slight scepticism about the extent to which he is actually responsible for that. it is qu
up to opportunities in the way we would want to. a few things there, but i think the first neuron that has fired in my brain is when you talk about corporates. the big corporate story today is shell making bumper profits, bigger than ever before, people go, tax them more. if you are trying to get business to be more socially minded and literally invested in the social fabric of the country, but people are opening the newspapers and listening to the radio and thinking, those fat cats! i mean, what does that do to your mission? i think it underlines that we need to have a much more broad based strategic relationship with business thanjust tax. the role that business plays in britain is far more thanjust the revenues that are contributed, but people haven t always seen that. and so for some of the companies i have been engaged with, you know, really going to different universities to take their graduates, you have got them pushing apprenticeships into social mobility courses,
the big corporate story today is shell making bumper profits, bigger than ever before, and everyone goes, tax them more. if you are trying to get business to be more socially minded and literally invested in the social fabric of the country, but people are opening the newspapers and listening to the radio and thinking, those fat cats! i mean, what does that do to your mission? i think it underlines that we need to have a much more broad based strategic relationship with business thanjust tax. the role that business plays in britain is far more thanjust the revenues that are contributed, but people haven t always seen that. and so for some of the companies i have been engaged with, you know, really going to different universities to take their graduates, you have got them pushing apprenticeships into social mobility courses, uk power networks, which people may or may not have heard of. you think, now we have got our apprenticeships and we are scaling them up, what can we do to make