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Transcripts for BBCNEWS Politics Live 20240604 12:14:00

Spur competition, i had listened to requests from businesses and today i am removing import tariffs on over 100 goods used by uk businesses in their production processes, from car seat parts to bicycle frames. i will also change our approach to investment zones, which will now focus on leveraging our research strengths by being centred on universities and left behind areas to help build clusters for new growth industries. my right honourable friend, the levelling up secretary, will work with mayors, devolved administrations and local partners ahead of the spring budget. i have heard some speculation we might cut the research and development budget today. i believe that would be a profound mistake. in a 2017 manifestly enhanced targets to invest 2.4% of our gdp in our and ....

Spur Competition , Research Strengths , Production Processes , Bicycle Frames , Car Seat , Investment Zones , Growth Industries , Levelling Up Secretary , Build Clusters , Spring Budget , Research And Development Budget Today ,