And World Business report. Free to fire the brexit starting gun, but how prepared is the uk economy, and what about scotland . The waiting game. Toshiba shares plunge in tokyo, as it delays its Results Announcement for a second time. Welcome to World Business report, im sally bundock. Also in the programme a smart jacket, and we are talking the latest technology, not style. Dave lee tries it on. But first the Uk Parliament has approved legislation giving Prime Minister theresa may the power to begin formal divorce talks with the european union. However, she wont do that immediately, as some had thought, but it will happen before the end of march. The negotiations will bring a period of uncertainty for the uk economy. Britain recorded growth of 2 last year. But in 2017, the International Monetary fund predicts this will slow to 1. 5 , though this is actually up from their previous estimate of 1. 1 . The story gets worse in 2018, where growth is expected to come in atjust1. 4 . The ongoi
But if you look at last years referendum result, you can see why the Prime Minister wants to frame this as a brexit election. The blue areas voted leave. But many of them have labour mps who backed remain. She also wants to attract some of the four million voters who backed ukip last time. General election campaigns can be unpredictable and just two years after the last one, voters must decide again whether there will be dramatic changes to the electoral map of britain. Lets get some more reaction to todays news about an early general election. Our europe editor, katya adler, is in paris tonight, but first lets speak to our business editor, simonjack, whos in the city this evening. What is your reading of the way that the markets reacted to the news today . Well, this may be a political gamble but the folks who make bets in the offices behind me like theresa mays odds in this one. You saw the pound strengthen, they think the economy is doing well, Unemployment Rate is low and average e
But if you look at last years referendum result, you can see why the Prime Minister wants to frame this as a brexit election. The blue areas voted leave. But many of them have labour mps who backed remain. She also wants to attract some of the four million voters who backed ukip last time. General election campaigns can be unpredictable and just two years after the last one, voters must decide again whether there will be dramatic changes to the electoral map of britain. Lets get some more reaction to todays news about an early general election. Our europe editor, katya adler, is in paris tonight, but first lets speak to our business editor, simonjack, whos in the city this evening. What is your reading of the way that the markets reacted to the news today . Well, this may be a political gamble but the folks who make bets in the offices behind me like theresa mays odds in this one. You saw the pound strengthen, they think the economy is doing well, Unemployment Rate is low and average e
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