Joining me now is satyam panday, Chief Us and Canada Economist at S P global ratings. Satyam, what are the key elements here that youre looking at that mean theres going to be a drag on growth . We are mostly focused on the consumer sector, we are mostly focused on the consumersector, like we are mostly focused on the consumer sector, like you mentioned in your opening statement. We are starting to see some Consumer Caution creep up, see some Consumer Caution creep up, especially given how the Labour Market has moderated, we have also seen the real Income Growth so often, and that means most likely moving forward, the same type of growth coming from Consumer Spending iS Probably going to be softer, and if you think about the Consumer Spending, you have to look at the taxes being collected state and local site, so the Upside Surprise we have seen from the state and local Government Spending is also going to be softened moving forward. Put it all together, it is the consumers that are go
And smartwatch payments, the once essential item could become a thing of the past. Good morning. Its goals galore for chelsea and signs of lift off this season, as they beat barrow 5 0. All the Premier League sides in action avoiding an upset in Last Nights League Cup. A dry start to the day for many. A few showers around. When wilful on areas already saturated. All of the details shortly. When will all. Its wednesday, 25th september. Labours first Party Conference since the party was elected injuly is due to come to a close this afternoon, with the Prime Minister promising delegates that change is on the horizon. Today the focus will be on the scrapping of the Winter Fuel Payment for pensioners, and the debate from unions to reverse it. Our political correspondent Helen Catt sent this report. Applause. It was the first time in 15 years that a sitting Prime Minister had addressed labours Party Conference. In his speech, Sir Keir promised the country that change was coming. I know that
Sovereignty, just as we do for any other nation. We need to withdraw russian occupiers, which will bring an end to the hostilities in ukraine and we must hold those responsible for War Crimes accountable. We need to prevent the destruction of nature because by the war and we must not allow a second or third phase of these russian invasions. And we need to make it clear the war is over this is the peace formula. What part of this could be unacceptable to anyone who upholds the Un Charter . If someone in the world seeks alternatives to any of these points or tries to ignore any of them, it likely means they themselves want to do a part of what putin is doing. The point hides the desire they are hiding. And when the chinese or brazilians tries to grow into a choir of voices, with someone in europe, with someone in africa saying something alternative to a just peace, the question arises what is the question arises what is the true interest . Everyone must understand, you will not boost you
As fears of war between Hezbollah And Israel grow. Hezbollah launches a ballistic missile towards Tel Aviv Israel says its the first time the group has targeted the city. President zelensky in his address to the Un General Assembly says russia is Planning Attacks on ukraine nuclear plants. Recently i received yet another alarming report from our intelligence. Now putin does seem to be Planning Attacks on our nuclear power plants and their infrastructure. Polling stations have closed in Indian Administered Kashmir in the first elections to take place there in more than ten years. Now with all the latest sport, heres olly. Some significant Injury News for two of the biggest clubs in europe, Manchester City have confirmed that their Midfielder Rodri has suffered Ligament Damage in his right knee. The spaniard had to come off in the 21st minute of their draw with arsenal on sunday. He has been seeing a specialist in barcelona and the club say that he will continue to be assessed to ascerta