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Transcripts for BBCNEWS World Business Report 20240604 05:48:00

week s autumn statement. and as promised we can now hear directly from the cbi as i m joined now by matthew fell who s their chief policy director. what will the boss of the. we are what will the boss of the. - are gathered here for the cbi conference, it is timely because we expect most business leaders will hear part two of a part two story, hid from the chancellor last week with his autumn statement around stabilising the uk economy and how to get growth going in the uk economy, it is fair to say most firms would react to that saying they could a good job on stability and more to do on growth, that is what we will be talking to businesses with today and the prime minister. it is easy to ca we will go for growth, liz truss said that over and over again and that didn t get her anywhere. what

Transcripts for BBCNEWS World Business Report 20240604 05:49:00

are you suggesting in your specific terms? it are you suggesting in your specific terms? are you suggesting in your specific terms? it is important they come specific terms? it is important they come as specific terms? it is important they come as a specific terms? it is important they come as a package, - specific terms? it is important they come as a package, you | they come as a package, you need stability and growth same time, secondly, when monetary and fiscal policy are tied, it s important to leave no stone unturned in the search for growth, that is why the encourage the government to put all measures accounts, and regulation, planning, trade, immigration, those other things need to see more on to get the economy growing. need to see more on to get the economy growing. let s get more secific economy growing. let s get more specific than economy growing. let s get more specific than that economy growing. let s get more specific than that if economy growing. let s ge

Transcripts for BBCNEWS World Business Report 20240604 05:33:00

stability, fighting inflation and getting the government budget in some decent shape and that does need to be done, but there really nothing there that tells us the economy is going to avoid another decade of low productivity and low growth. fix, productivity and low growth. a decade? and productivity and low growth. a decade? and so productivity and low growth. a decade? and so the productivity and low growth. a decade? and so the fair- productivity and low growth. a decade? and so the fair is - decade? and so the fair is there just decade? and so the fair is there just wasn t - decade? and so the fair is there just wasn t enough l decade? and so the fair is - there just wasn t enough there to say we can grow again, we can afford the nhs and social care because we are growing again. so i don t think you did enough. i think you will have to come back with more on growth. to come back with more on urowth. , . growth. the cbi conference be . ins growth. the cbi conference beg

Transcripts for BBCNEWS World Business Report 20240604 05:35:00

tony danko speaking as well. former prime minister liz truss said simply, growth, growth, growth, at the conservative party conference following that fateful mini budget. the outlook for the coming year is extremely difficult for the uk economy, both for businesses, small and medium and large, to be able to grow through this coming year is critical for? employment, households, everyone? employment, households, eve one? , , , everyone? yes, it will be very hard, everyone everyone? yes, it will be very hard, everyone has everyone? yes, it will be very hard, everyone has bills - everyone? yes, it will be very hard, everyone has bills to i everyone? yes, it will be very| hard, everyone has bills to pay and in many cases they are going up and they will be looking for growth and ways of generating cash flow. it s interesting what you said about liz truss and her growth plan. i can understand why they were going for that. the major problem remains the ukmake national debt. £21; trillion

Transcripts for BBCNEWS World Business Report 20240604 05:47:00

streaming business. the group representing libraries across great britain says despite increased demand winning will see budgets reduced causing them to make painful cuts or even shutting branches. sadly, we don t have that story from caroline davis. apologies for that. let s bring you more on the uk economy. calls from business lobbying group for a solid growth plan from the chancellor. this in response to last

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