Inflation the worlds biggest economy last month dampened expectations. That decision comes a day before Second Quarter gdp figures are released and many economists are expecting the us economy likely remained in expansion during the april to june period. Rounding off the week will be the bank ofjapan. Last month they saw core consumer prices, excluding food, rising higher than the banks Inflation Target so that put extra pressure on the central bank to tweet its altar easy monetary policy. I earlier spoke to naim aslam and he told me how he expected the fed to go. I think the Federal Reserve isnt under immense pressure, as they were before the inflation data, as you rightly pointed that out. Because inflation is sitting at 3 and im speaking about the headline inflation, which is not that much farther from the Federal Reserve s target of 2 and especially if you compare what this number was. It wasnt too long ago when we saw this number in double digits and falling all the way to 3 . Whe
let s start here in the uk, where prime minister borisjohnson has won the backing of a majority of tory mps in a confidence vote despite a significant revolt against his leadership. mrjohnson won 59% of the vote, meaning he is now immune from a conservative leadership challenge for a year. in total, 211 tory mps voted they had confidence in the prime minister s leadership, while11i8 voted against him. mrjohnson described his confidence vote win as decisive . i think this is a very good result for politics in the country. i think it is a convincing result and a decisive result, and what it means is that as a government, we can move on and focus on the stuff that really matters to people. joining me now is giles coghlan, who s the chief currency analyst at hycm. has it caused concern? perhaps surprisingly. has it caused concern? perhaps surprisingly. it has it caused concern? perhaps surprisingly, it hasn t. - has it caused concern? perhaps surprisingly, it hasn t. the - s
the studios, there was no tax break at that time and a lot of film studios were closing down at the time. in fact, the studio that i bought was a closed down studio. but it seems the tax breaks have come along, the demand hasjust gone up by so much. dad told me you found something. on a train during the war. indiana jones and the dial of destiny is expected to be one of this year s biggest blockbusters, and much of it was filmed in the uk. spending on film and high end television in this country hit a record of more than £6.25 billion last year, but that creates new challenges for the industry. do we have enough people working in the industry in the uk to satisfy the need? we need accountants, gardeners, carpenters, electricians as well as all the more well known jobs. and we need those jobs all across the uk. so we have calculated we probably need in the region of 20,000 jobs in addition to what we currently
the studios, there was no tax break at that time and a lot of film studios were closing down at the time. in fact, the studio that i bought was a closed down studio. but it seems the tax breaks have come along, the demand hasjust gone up by so much. dad told me you found something. on a train during the war. indiana jones and the dial of destiny is expected to be one of this year s biggest blockbusters, and much of it was filmed in the uk. spending on film and high end television in this country hit a record of more than £6.25 billion last year, but that creates new challenges for the industry. do we have enough. people working in the industry in the uk to satisfy the need? we need accountants, gardeners, carpenters, electricians as well as all the more well known jobs. and we need those jobs all across the uk. so we have calculated we probably need in the region of 20,000 jobs in addition to what we currently have by 2025.
at that time and a lot of film studios were closing down at the time. in fact, the studio that i bought was a closed down studio. but since the tax rates have come along the demand has just gone up by so much. dad told me you found something. on a train during the war. indiana jones and the dial of destiny is expected to be one of this year s biggest blockbusters and much of it was filmed in the uk. spending on film and high end television in this country hit a record of more than £6.25 billion last year, but that creates new challenges for the industry. do we have enough people working in the industry in the uk to satisfy the need? we need accountants, gardeners, carpenters, electricians, as well as all the more well known jobs. and we need those jobs all across the uk. so we have calculated we probably need in the region of 20,000 jobs in addition to what we currently have by 2025. other steep concerns include high inflation and competition from other