And other Nhs Staff in line with workers elsewhere in the economy. If as expected the chancellor agrees to that, it will cost the treasury an extra £3. 5 billion according to the institute for fiscal studies. But if Pay Reviews for other Public Sector workers police, doctors, dentists And Prison Staff come up with a similar number the ifs warns this could quickly rise to ten billion. Heres our Business Editor faisal islam. It is not a budget. This is the most important statement of this new chancellor. Weve heard a lot about the tens of millions of Pounds Gap from this audit of Spending Pressures inherited by this government from the previous government from the previous government that will, they say, be revealed in a document listed. Weve heard less about the idea that the chancellor may stAnd up And try to close that gap with a series of projects axed And other spending restraint, at least start to close that gap, starting in this financial year, it is unusual, And a lot of this pr
Billion to pay for, according to the Institute For Fiscal Studies, but It Pay reviews for other Public Sector workers like police, doctors, dentists and prison staff, come up with a similar number, the Institute For Fiscal Studies warns this could quickly rise to £10 billion. Lets bring in political breath now you. Hi, c. This field is a bit like inheriting a property and finding it is more of a House Of Horrors than you initially first thought. How much of a surprise is that . We kind of knew this was coming, no . Yes. Of knew this was coming, no . Yes, its certainly of knew this was coming, no . Yes, its certainly not of knew this was coming, no . Yes, its certainly not a of knew this was coming, no . Yes, its certainly not a total of knew this was coming, no . Us its certainly not a total surprise that labour have found there is a very difficult picture facing public finances. It is something that the cpr finances. It is something that the 0pr has been flagging for some time, as we
Also been reaching out to the crypto industry. Speaking of the us Vice President since Kamala Harris entered the president ial election race, her campaign says it has raised 200 million. It says most of the donations came from first time contributors, after president biden withdrew from the contest and endorsed ms harris. Funding for the Trump Campaign had outstripped that Forjoe Biden in the weeks before he pulled out of the race. The Paris Olympics have begun. This is the first time in a century that the french capital is hosting the summer games. For companies, an olympic Sponsorship Deal is considered one of the biggest. In recent years, more asian firms, especially from china have put Big Money behind the games. Some of this years top sponsors are alibaba and chinese Dairy Company Mengniu along with samsung and toyota. Michael payne from Payne Sports Media Strategies has negotiated olympics sponsorship agreements. He explained why chinese brands in particular are Spending Big to a
Some of americas biggest technology companies will report their earnings this week. Apple, meta, Amazon And Microsoft are slated to reveal their quarterly report cards. Investors will be watching to see if investments in Artificial Intelligence are paying off and driving profitability. Another key event this week will be the Federal Reserve meeting. The us Central Bank is not expected to cut Interest Rates at he august meeting, but investors will be looking for clues as to how likely the fed is to make a move at its september meeting. The Paris Olympics have begun this is the first time in a century that the french capital is hosting the summer games. For companies, an olympic Sponsorship Deal is considered one of the biggest. In recent years, more asian firms, especially from china have put Big Money behind the games. Some of this years top sponsors are alibaba and chinese Dairy Company Mengniu along with samsung and toyota. Michael payne from Payne Sports Media Strategies has negotia
Industry. Since Vice President harris enter the race, her campaign has dutchman has raised 200 Million and says most of the donations came from present contributors after president biden withdrew from the contest and endorsed ms harris. We have just over three months to go until Polling Day in november, Opinion Polls are showing that Kamala Harris is running Neck And Neck with her republican rival donald trump. Funding for the Tram Campaign has outstripped that Forjoe Biden in the weeks before he pulled out of the race. The Paris 0lympics have begun this is the first time in a century that the french capital is hosting the summer games. For companies, an olympic Sponsorship Deal is considered one of the biggest. In recent years, more asian firms, especially from china, have put Big Money behind the games. Some of this years top sponsors are alibaba and chinese Dairy Company mengniu, along with samsung and toyota. Michael payne, whos the Chairman And Ceo of payne sports media strategies