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Transcripts For BBCNEWS World Business Report 20240706

and virtual passport to paradise: why a remote pacific island nation is offering digital citizenship to people around the world. so, let s get down to business. we start here in the uk, where companies are begging the chancellorjeremy hunt to provide more support for business when he announces his budget next week. as it stands, firms face a sharp rise in corporation tax at the end of the month, just as government help with energy bills is scaled back and tax breaks on investment are phased out. on wednesday, the british chambers of commerce warned the uk risks falling behind its competitors if firms aren t given more help. the uk is the only g7 economy yet to recover to pre pandemic levels, and the bcc predicts that won t happen until the end of next year. our business editor simonjack reports. 450 a50 acres, 350 businesses, thousands of employees, this estate is one of the largest in europe and hosts a huge cross section of the businesses that government wants and needs to ....

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Transcripts For BBCNEWS World Business Report 20240706



and of course, computers. and now, the dutch government has announced that it will impose new export restrictions on advanced chips being sold to china. the dutch have some of the most significant companies in the field and china is keen to buy them but the us have been putting pressure on european countries to curb exports of sensitive technology to china on national security grounds. our correspondent anna holligan is in the hague. one of europe s smallest nations has found itself in the middle of a battle between the world s two biggest superpowers. and at the heart of it, microchips, that power everything from our mobile phones, to military hardware. and the us has been applying political pressure on countries to limit exports. the netherlands is home to asml, until recently, a relatively obscure company, but it makes the most advanced machines used in the manufacturing of microchips. in fact, it s europe s most valuable tech company. in a letter to parliament, the ....

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