The Parker Review found 12 of ftse 100 bosses are from an ethnic minority up from 7 in 2022. But its still short of the 18 of people in the uk who are from a non white ethnic group according to the most recent census. Joining me now is soumen das, the co chair of the Parker Review. Hes also the chief financial 0fficerfor segro, a ftse 100 listed Real Estate Investment trust. So, some progress as we said, but not enough. What is Holding Back Progress on this front . figs not enough. What is Holding Back Progress on this front . Not enough. What is Holding Back Progress on this front . As we talk about this this progress on this front . As we talk about this this morning, progress on this front . As we talk about this this morning, there progress on this front . As we talk about this this morning, there is l about this this morning, there is reasons for optimism, weve come a long way, part of the review has been running for nine years, and the number of ethnic minority directors of boar
is a coume our reliance on what you do. there is a coume of our reliance on what you do. there is a couple of things our reliance on what you do. there is a couple of things they re - is a couple of things they re worried about. china s economy is not performing very well right now and the government would like to reassure businesses particularly foreign businesses that now is a great time to invest and should be expanding your operations in china. business confidence particularly foreign business confidence in china, has been dented of the last four years because they have been a number of crackdowns on the acts of private businesses so this is a message that businesses need to hear. that is the short term concern for the government. but there is this broader issue of the way the global economy right now does seem to be factoring into blocks centred on the us, the western powers and centred on china and china s leadership wants to portray china as the bit that is open
semiconductors and it falls to us companies. it is important for the us to get to trade with taiwan so nvidia which is at the forefront of this frenzy, basically 40% of this is produced so. we this frenzy, basically 4096 of this is produced so. . . this frenzy, basically 4096 of this is produced so. we also know that the us is trying is produced so. we also know that the us is trying to is produced so. we also know that the us is trying to reduce is produced so. we also know that the us is trying to reduce its - the us is trying to reduce its dependence on china and so taiwan a worthy alternative. although, not able to pick up some of the slack because china is, of course, the powerhouse economy. the workshop of the world. ~ ,,., , powerhouse economy. the workshop of the world. ~ , ,., , . powerhouse economy. the workshop of the world. ~ ,,., , ., , powerhouse economy. the workshop of the world. ~ , ., , ., the world. absolutely. china is an extremely important the w
because the eurozone s largest economy is now officially in recession. germany has had two consecutive quarters of negative growth. the country s economy contracted by 0.3% between january and march. this follows a contraction of 0.5% in the final three months of 2022. a drop in consumer spending was main cause of germany s disappointing performance in the first quarter, with household consumption falling by 1.2%, as the cost of living crisis continued to cause headaches for millions of people. joining me now is christian schulz deputy chief european economist at citi bank. thank you for being with us. perhaps no great surprise for those who watch those numbers, but it is symbolically important that what was once was a powerhouse economy is now technically in recession. technically in recession. indeed. germany s - technically in recession. indeed. germany s. .. they ve technically in recession. indeed. germany s. .. they ve had - technically in recession. indeed. germ
plus speak to experts about what the leaders could achieve. and the cost of the queen s funeral is revealed we ll break down just how much the government spent on the historic event. live from our studio in singapore, this is bbc news. it s newsday. hi, there. it s 8:00 in the morning here in singapore, and 9am in hiroshima, japan, where the country s prime minister fumio kishida hosts his counterparts from the us, the uk, germany, italy, france and canada for the annual g7 summit. it s a packed agenda for the world leaders who ll be discussing the war in ukraine, the rising influence of china and the increasing tensions between china and the west over taiwan. the summit officially begins in the coming hours, but already deals have been struck. british prime minister rishi sunak was among the early arrivals, he s agreed a new defence and economic arrangement with japan. nick marsh is in hiroshima for us. with hiroshima for us. the french president emmanuel with the french p