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And well be looking ahead to the Eurovision Song Contest with a Special Report from the host city malmo. Live from london this is Business Today im lukwesa burak. Later this morning the uks First Quarter growth figures will be published. The uk economy grew slightly in february increasing hopes it is on its way out of recession, just. The economy grew by 0. 1 boosted by production and manufacturing in areas such as the car industry. On thursday, the Bank Of England boss said the Monetary Policy committee needs to see more evidence that price rises have slowed before cutting Interest Rates. Governor Andrew Bailey said, he was optimistic that things are moving in the right direction as rates were held at 5. 25 . I think it is. I am encouraged by all of this. Very encouraged that again we have to achieve an Inflation Target that is sustainable. That is ourjob and what we do. The news is encouraging. And what we do. The news is encouraging and what we do. The news is encouraging. Clearly y
off, and that all goes into the end cost for the customer. is end cost for the customer. is this ourjurisdiction, no? this our jurisdiction, no? those this ourjurisdiction, no? those who once arrested people for what the sisters are doing now embrace it. so far this year, the state has received nearly $580 million in revenue from cannabis sales. they believe support for legal businesses would result in more revenue that would help their efforts to eradicate the illegal trade. efforts to eradicate the illegaltrade. i efforts to eradicate the illegal trade. efforts to eradicate the illegal trade. i think it is a two pronged illegal trade. i think it is a two pronged approach, i illegal trade. i think it is a i two pronged approach, number one, we need to make it a little bit easier for those folks who are doing it lawfully. i mean, they ve bent over backwards, and if we can get revenue, some assistance from the state, may be from the feds, to go after those folks who are doing it il
steadfast in their support for donald trump up until now. are you seeing any indication that the combination of the trade wars is having on them and these ethanol regulations, that that could be chipping away at that support? yeah. there s been very little over the last year and a half that has brought ease to these farmers here. we ve been engaging in conversations with these farmers across the midwest for the last year and a half and you could say that there s been no more loyal base of support for president trump than farmers. they re the ones that have told you over the last year and a half that they have supported the president s trade efforts with not only our allies, but also with china saying they wanted better deals. a lot of those farms are not even breaking even. they continue to say that they have hope and faith in this president. but brent renner, who we ve stayed in touch with over the last year, i want to let you hear a bit of what he told us.
initially, you were not holy opposed to president trump s trade efforts against china. would you say his have you evolved? have you changed? where are you at now? this has gone on for more than a year. sure. what would your message be to president trump? it s a great question. i think you re right. a majority of farmers, whatever percentage that might be, i think supported trump when he said he was going to take on china. we all know, as a farm community, that china has been taking advantage of us in the world of trade for a long time. market manipulation, several things. so it s hard to not have a sense of rah-rah when you hear somebody that s going to do that. i think the hindsight of this is we think and wish it would have been handled in a different way without the use of food as weapon in this trade war. now, you guys, stepping on to the farm here today and even