We begin with the news that a uk india free trade agreement is one step closer that s the promise from downing street as the prime minister announces new trade and investment deals with india worth £1 billion. Trade between the uk and india is already worth around 23 billion pounds a year and supports more than half a millionjobs, according to the government. But these latest new deals will bring in a further 533 million of new investment from india into the uk, which is expected to create about 6,000 newjobs. Let s go live to mumbai now for the details from our india business correspondent nikhil inamdar. What more can you tell us? the focus of the what more can you tell us? tie: focus of the headlines, here at least, are very much under £214 million investment into the uk. This is of course the world s last world s biggest manufacturer of vaccines. They are really the centrepiece of this $1 billion trade deal that has been announced. As we move closer to that virtual summit
now on bbc news, wednesday in parliament. hello and welcome to wednesday in parliament, where the chancellor sets out his budget to repair the nation s finances after coronavirus. rishi sunak announces an extension to furlough and higher universal credit, but a freeze on tax thresholds and a tax increase for big business. i recognise they might not be popular, but they are honest. but labour reckons the plans fall short of what s needed. what we got was a budget that papered over the cracks rather than rebuilding the foundations. and in holyrood, nicola sturgeon responds to alex salmond s accusations about her handling of sexual assault complaints against him. many of us, including me, feel very let down by him, and that s a matter of deep, personal pain and regret. i but first, the chancellor rishi sunak has promised to protect the jobs and livelihoods of the british people as the uk emerges from the coronavirus crisis. he was unveiling the contents of his budget, much of
the brutal winter storms across the south and east of the us have left millions without power and more snow is on the way. nowhere has been hit harder than texas nearly three million texans are facing a third day without light or heat. a blanket of snow has fallen across northern parts of mexico, and southern us states from texas to north carolina. at least 21 people are reported killed. barbara plett usher reports. another day of winter misery for texas. millions of people are still without power. this historic storm has generated an epic energy crisis in america s energy state. it s freezing cold and people are seeking warmth wherever they can find it, even in this furniture store. getting food has also become a mission, rationed out in places as supplies have started to run low. and the catastrophe has triggered the politics of climate change. the republican governor blamed clean energy for the scale of the power failure. ourwind and oursolar got shut down, and they we
could mean more social unrest. the big boss of global recruitment firm robert waters tells me what companies are demanding of new recruits as they try to keep profits flowing. also, is travel the answer to our economic woes? expedia is one of the biggest travel firms, its big boss will tell me if all that pent up demand is still strong enough to keep us opening our wallets. wherever you arejoining me from, a big hello and welcome. january, it s the time of year when many of us take stock of our lives, and that often involves looking at our careers. is this the year to find a newjob? well, it might not be that easy in 2023. the global economy is teetering on the edge of recession, that s according to the world bank. and a growing number of companies are battening down the hatches and cutting jobs to get through the impending storm. big names are making the headlines, particularly evident in the tech sector, where the likes of amazon, microsoft, facebook s parent meta, and twit
accepted an error with his taxes was careless rather than deliberate . now on bbc news, talking business. hello, welcome to talking business. let s take a look at what is on show. as the global economy falters, is 2023 shaping up to be a year of big drop offs? a growing number of major companies are already laying off workers in their thousands, so our employers also now taking back control of pay and conditions? i will hear from the head of the un international labour 0rganisation about why the globaljobs market is under pressure and why that could mean more social unrest. the big boss of global recruitment firm robert waters tells me what companies are demanding of new recruits as they try to keep profits flowing. also, is travel the answer to our economic woes? expedia is one of the biggest travel firms, it s big boss will tell me if all that pent up demand is still strong enough to keep us opening our wallets. wherever you arejoining me from, a big hello and welcome. j