we begin here in the uk, where the institute for fiscal studies is warning the chancellor big and painful spending cuts will be needed to put the country s finances on a sustainable path. the independent think tank predicts with a weaker economy and promised tax cuts, there will be a large shortfall in revenue. it calculates the government would have to spend £60 billion a year less by 2026 27. the treasury says its tax cuts and reforms would deliver sustainable funding for public services . more for public services . detail on that on october sist. joining me now is janet mui, head of market analysis, rbc brewin dolphin. they have quite a lot of detail as to why they believe the government will not have the money it needs to go ahead with plans? money it needs to go ahead with lans? ., ., ., plans? thanks for having me, first of all plans? thanks for having me, first of all before plans? thanks for having me, first of all before the - plans? thanks for having me, firs
Interesting thing here is that currently the price of gas coming into partly because countries are been successful in securing surprise of liquefied natural gas. demand is fallin: , liquefied natural gas. demand is falling, largely liquefied natural gas. demand is falling, largely as liquefied natural gas. demand is falling, largely as a - liquefied natural gas. demand is falling, largely as a result i is falling, largely as a result of government asking for it. that i think a sort of affecting opinion as we go as well. ,., , , , well. also, this is very short-term, well. also, this is very short-term, we re - well. also, this is very - short-term, we re looking at short term, we re looking at this awesome, this winter, we have a harsh winter that could be a real problem in the months ahead it was about long term as far as the eu is concerned in terms of energy supply? there s no doubt that terms of energy supply? there s no doubt that as terms of energy supply? there s no