i m going to be discussing it with these three, there they are, matthew plosser from the new york federal reserve, liz lumley from the banker magazine, and frederic malherbe from university college london, who thinks central banks should consider more radical steps to get the banks to pass on better deals for savers. plus, the boss behind the trains of tomorrow. my interview with the global ceo of one of the world s biggest train and tram makers, on the future of transport across the world. wherever you arejoining me from around the world, once again a big hello, and warm welcome to the show. you know, across the world s most powerful countries, the cost of borrowing money has been going up. central banks, they ve been raising the interest rates to tackle inflation. and while banks have been lightning fast in passing on those rising rates to those who borrow from them, those who save with their banks, well, they ve not been seeing the same immediate reaction. if they want hig
the australian prime minister, and the us president. the three countries are expected to agree to provide australia with nuclear powered submarines. now on bbc news, talking business. welcome to talking business. take a look at what is on the show. rates are rising around the world so why aren t more savers getting a better deal from the banks? bumper profits are expected from the biggest financial institutions this year as they charge more to borrow but those with savings have not been the same consistent increase in with what they get paid with putting money in the bank. so why not? i would discuss this with these three, we have the new york federal reserve, the banker magazine and the university of couege magazine and the university of college london, who thinks that central banks should consider more radical steps to get banks to pass on better deals for savers. plus what is behind the trend of tomorrow, my interview with a global ceo with one of the biggest tram and tram
added to the venue for hollywood s biggest awards. the field of best picture contenders features many of last year s biggest box office hits, including elvis, and everything everywhere all at once. now on bbc news, talking business. hello, everybody, welcome to talking business with me, aaron heslehurst. let s take a look at what s on the show. rates are rising around the world, so why aren t more savers getting a better deal from their banks? bumper profits are expected from the world s biggest financial institutions this year, as they charge more to borrow. but those with savings haven t seen the same consistent increase in what they get paid for putting money in the bank. so, why not? i m going to be discussing it with these three, there they are matthew plosser from the new york federal reserve, liz lumley from the banker magazine, and frederick maller from university college london, who thinks central banks should consider more radical steps to get the banks to pass on
well, i caught up with the boss of one of the world s biggest players to find outjust how the world is letting the train take the strain. henri poupart lafarge, a real pleasure having you on my show. thanks for your time. henri, let s start with this. you re one of the world s biggest rolling stock manufacturers, producing and shipping trains all across the globe, but let me ask you this with governments everywhere today short of cash because of covid and the war in ukraine, are they still buying trains? yes. thank you. good afternoon, and thank you for your question. actually, i mean, there is a greater challenge than only the immediate cash impact of some of the crisis. the greater challenge is the climate change and all the governments in the world are absolutely aware of the need to tackle this climate change challenge and, therefore, are investing heavily in rail whether it s for cities, urban transportation, or between cities for the main lines. henri, we know you operate in
henri, let s start with this. you re one of the world s biggest rolling stock manufacturers, producing and shipping trains all across the globe, but let me ask you this with governments everywhere today short of cash because of covid and the war in ukraine, are they still buying trains? yes. thank you. good afternoon, and thank you for your question. actually, i mean, there is a greater challenge than only the immediate cash impact of some of the crisis. the greater challenge is the climate change and all the governments in the world are absolutely aware of the need to tackle this climate change challenge and, therefore, are investing heavily in rail whether it s for cities, urban transportation, or between cities for the main lines. henri, we know you operate in 70 countries, you employ around 75,000 people. i ve got to ask you who are your biggest buyers right now? and what