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Transcripts for BBCNEWS World Business Report 20240604 05:32:00

That post brexit uk is in danger of getting left behind in an increasingly competitive world economy. the future looks very uncertain because you have that ira, the 350 billion dollars been spent in the united states, spent in a way to firms that manufacture in the united states, putting pressure on the european union to do something to retain companies, manufacturing in europe so there is talk and we will have to wait to see whether it goes anyway, but there is talk whether european unions have subsidies for firms in europe as well and that places the uk in a difficult situation as well partly because of the scale, we cannot match the firepower of continental size economy so partly because the government has been a slightly relaxing in coming up with an industrial strategy. on thursday those

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Transcripts for BBCNEWS World Business Report 20240604 05:53:00

Influences and a lot of younger influences did not have, to spend a bit more time with it and get to grips with it because there was not a lot else to do at the time. it s else to do at the time. it s funn , else to do at the time. it s funny. i else to do at the time. it s funny, i have else to do at the time. it s funny, i have a else to do at the time. it s funny, i have a very - else to do at the time. it s funny, i have a very good friend, his father in law is actually inadvertently become a style influencer online. he has thousands and thousands of followers. do people sort of stumble into this, or is there a concerted effort, almost like a concerted effort, almost like a second career? the a concerted effort, almost like a second career? a second career? the rise of tiktok certainly a second career? the rise of tiktok certainly help - a second career? the rise of tiktok certainly help people | tiktok certainly help people stumble into it, because it was a bit of an unkno

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Transcripts for BBCNEWS World Business Report 20240604 05:46:00

Home it equipment sales have fallen off as consumers get a little bit more cautious, and there is a slightly darker outlook for the quarter to come. so it certainly seems as though consumers have been resilient. this good news has been received well by the market, you saw wall street largely rides on that but there is caution ahead, because the economy is still expected to slow, and it isjust economy is still expected to slow, and it is just whether it will head for a harder landing or a softer landing, no place right now that there will be a mild recession, if there is one, so a softer landing, is why you see stocks take up a bit. ., ~ , ., why you see stocks take up a bit. ., ~ i. ,, , bit. thank you. stay with us, still to come, bit. thank you. stay with us, still to come, never- bit. thank you. stay with us, still to come, never too - bit. thank you. stay with us, still to come, never too late | still to come, never too late to influence. why brands are seeking out older people t

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Transcripts for BBCNEWS World Business Report 20240604 05:45:00

Susannah streeter is senior investment and markets analyst at hargreaves la nsdown. we have had a slew of fourth quarter results from the biggest companies in america. what is that saying to you and how is the market responding? certainly let s focus as well on the gdp figures, that growth number, because actually it is along a similar trajectory ready to how the market is receiving this corporate news, because it is a bit glass half full, glass half empty, however you want to look at it. for example, we had mastercard results out, and they really showed where the trajectory of the economy which were shown in the economy which were shown in the gdp figures, because although consumer spending has been resilient, they are pointing to a softening of spending in the upcoming quarter, and it is a similar really story from microsoft for example. revenues were very resilient but again the company has warned that home pcs and

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Transcripts for BBCNEWS World Business Report 20240604 05:44:00

Through the equity market both directly in terms of its signalling to people about the state of the economy and also the tremendous amount of business that has grown over the last 10 12 years on a very low interest rate and rising equity prices and it has reversed in the last year and it these businesses are now starting to what is the polite term right side themselves and you see goldman and a lot of firms laying of people, you read no bonuses, things like that and that surely but surely, you are hitting the high spenders of the economy and slowly and surely it will have its impact. thank you. how are the markets reacting?

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