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violin plays. ceremonies are being held to mark holocaust memorial day to remember the millions of people persecuted and murdered by the nazis. and britain s alfie hewett and gordon reid secure theirfourth successive australian open wheelchair doubles title their 16th grand slam title together. hello and welcome. the chancellor, jeremy hunt will make a major speech shortly about where long term growth in our economy will come from. mr hunt is expected to dismiss gloom as he sets out plans to increase productivity in the uk. it s also thought he ll pledge a relentless focus on the key industries of the future. but it comes against the backdrop of a cost of living crisis and ongoing strikes about public sector pay. it comes in a week the government has faced accusations it has no long term plans for growth. according to advance extracts from his speech released by the treasury he will say. the government will offer a plan for long term prosperity based on british g ....
we shouldn t cut taxes. it s been that we could only cut taxes once we have controlled inflation and debt. first cut inflation, then cut taxes. and that s why i made a promise to have inflation and the official statistics show that promise has now been met. so now that inflation has halved, and our growth is stronger, meaning revenues are higher, we can begin the next phase and turn our attention to cutting tax. we will do this in a serious, responsible way, based on fiscal rules to deliver sound money and alongside the independent forecast of the office for budget responsibility. that was the prime minister, for budget responsibility. that was the prime minister, rishi for budget responsibility. that was the prime minister, rishi sunak. i for budget responsibility. that was| the prime minister, rishi sunak. we are also expecting to hear from chancellorjeremy hunt, addressing the cbi, the confederation of british industry is, due to address them shortly, we will bri ....
hours, it is because of issues around skills. are our university sector is stronger than germany s but 50% of school lovers who don t go to university, the germans have a better system of technical education and we need to learn from that and thatis and we need to learn from that and that is what rishi sunak is talking about in terms of people doing math to 18. part of that is we have less capital investment. germany, france and the united states between them average about 2% more invested in gdp every year. what you will see on wednesday is a range of measures designed to unlock business investment and close that gap with countries li france, germany and the united states and one that i talked about is overhauling the planning system and show local authorities have to meet statutory deadlines or they give you your money back. we are going to unlock access to the grids. a lot of supply side measures to boost that investment. i grids. a lot of supply side measures to boo ....
summer. hey, do you work? what do you do? usually when an 81-year-old does that much traveling through europe, it s on a viking river cruise. [ laughter ] good morning. welcome to morning joe. it is thursday, june 13th. we re going to bring you the very latest from the g7 summit in italy. president biden is there meeting with world leaders and also talking support for ukraine. that s a top priority there. meanwhile, there s a lot happening today on capitol hill. donald trump will be in washington to meet with lawmakers from both chambers, setting up his first face-to-face with senate minority leader mitch mcconnell in more than three years. it comes a day after a partisan vote in the house, holding merrick garland in contempt of congress. we re going to dig into all of that straight ahead. along with joe, willie, and me, we have the host of way too early, white house bureau chief at politico, jonathan lemire. former treasury official and economic analyst steve ....
Territory for the year. The features are telling a different story. Loss on the dow futures this morning. Again, volatility in the bull market coming on the nineyear anniversary next month we will ask the question. The economy still strong. The atlanta fed reserve to lower their firstquarter gdp forecast to 4 . That is down from 524 last week. In europe, stocks are heading higher. The flood of gains across the board. Asia overnight stocks mostly lower. The kospi and south korea the worst performer there. The nikkei managing to eke out a small gain. The budget battles looming. Small banks tomorrow night to keep the government running as the house stopgap spending bill to fight now turns to the senate where immigration remains a positive issue. President trump waiting for the white house yesterday. If we dont change it, lets have a shutdown. We will do is will do a shutdown as we do for our country. I would love to see a shutdown if we dont get this stuff taken care of. Train to the late ....