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tv   BBC News Now  BBC News  January 13, 2025 12:00pm-12:31pm GMT

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what are you theirjobs. what are you planning to do to protect the livelihoods of individuals, even _ livelihoods of individuals, even death seems highly likely official— even death seems highly likely official intelligence grows the economy significantly. growth does — economy significantly. growth does not _ economy significantly. growth does not necessarily mean that individuals living standards will rise _ individuals living standards will rise and separately you haven't _ will rise and separately you haven't actually addressed either_ haven't actually addressed either the points, haven't actually addressed eitherthe points, if either the points, if artificial eitherthe points, if artificial intelligence to others the choir, that will happen— others the choir, that will happen over time but the happen overtime but the interest_ happen over time but the interest rates have risen again today — interest rates have risen again today. you have a load of money so what — today. you have a load of money so what are _ today. you have a load of money so what are you going to do to fill the — so what are you going to do to fill the hole. so what are you going to do to fillthe hole. —— so what are you going to do to fill the hole. —— you have run out _ fill the hole. —— you have run out of— fill the hole. —— you have run out of money. fill the hole. -- you have run out of money.— out of money. changing the nature of— out of money. changing the nature of jobs, _ out of money. changing the nature of jobs, freeing - out of money. changing the i nature of jobs, freeing people nature ofjobs, freeing people opt to do other things, that is
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what an industrial revolution does but this quicker than most, changing the nature of jobs and job creation and the jobs and job creation and the jobs and job creation and the jobs and liverpool, 12,000 that were not there before and data centres, we are absolutely making sure that we are focused on working people and jobs and what happens to them and that the deficit to win the approach the deficit to win the approach the last government took and this government which is answering the question how does this impact on lives across the board. 0n the question of the economy more generally it is important and economy more generally it is importantand i economy more generally it is important and i am very clearly growth is our number one priority admission, we have said that throughout and all the other what we are doing is up the other what we are doing is up to this, whether ai the other what we are doing is up to this, whether al or on the nhs, that ladders up to growth. we haven't place for
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school rules which we will absolutely stick to because they are necessary to provide they are necessary to provide the stability we want. and reform and that is why whether the economy of public services
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all the changes are designed to ensure we get the growth we need. all ensure we get the growth we need. jill as well. the refund we are doing. that is why am confident in our
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mission for growth and confident in my team. we never pretended knowledge anybody argue that after 14 knowledge anybody argue that after 1a years of failure can turn around our economy and public surfaces before christmas. before the election i said it will not be possible to do this in six months. it is going to take time, the question is are you creating the conditions, do you have the determination and are you pulling the right leave us for growth and we are doing all of those under penned by a fiscal rules.— by a fiscal rules. public sector reform will — by a fiscal rules. public sector reform will not _ by a fiscal rules. public sector reform will not deliver the - by a fiscal rules. public sector| reform will not deliver the sort by a fiscal rules. public sector- reform will not deliver the sort of benefits — reform will not deliver the sort of benefits you are looking for fast, neither— benefits you are looking for fast, neither will el, that benefits you are looking for fast, neither will ei, that could take ten years. _ neither will ei, that could take ten years, people think to deliver on investment you hope to pretend so if you are _ investment you hope to pretend so if you are absolutely sticking to the fiscal— you are absolutely sticking to the fiscal rules, that means you are coming — fiscal rules, that means you are coming back for spending cuts.
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doesn't — coming back for spending cuts. doesn't it? and you are talking about— doesn't it? and you are talking about being able to regulate and a new way _ about being able to regulate and a new way and independently, do you see your— new way and independently, do you see your freedom as a brexit benefit, _ see your freedom as a brexit benefit, are you pleased you can regulate — benefit, are you pleased you can regulate and a different way, some people _ regulate and a different way, some people would expect you to have tackled _ people would expect you to have tackled towards the eu, may be a bit a wax _ tackled towards the eu, may be a bit a wax ll— tackled towards the eu, may be a bit a wa . , ,., . tackled towards the eu, may be a bit awa. , . ., , a way. it is important to recognise we have the freedom _ a way. it is important to recognise we have the freedom in _ a way. it is important to recognise we have the freedom in relation . a way. it is important to recognise| we have the freedom in relation to regulation to do it the way we think is best and that's what we intend to do. you are right to say the different models, the eu approach and us approach but we have the ability to choose the one we think is in our best interest and we intend traditional. 0n the question of the length
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of time it would take to have an impact, i do not thek will take five or ten years to double productivity, not for a moment, and i have spent many hours with al experts to test those propositions that the timeframes are much shorter than that. it is not a 10% increase, get about many who say productivity will double in a short period, that is the potential for the difference at with mick. and there are many examples of that.— with mick. and there are many examples of that. your predecessor had an ai summit _ examples of that. your predecessor had an ai summit then _ examples of that. your predecessor had an ai summit then had - examples of that. your predecessor had an ai summit then had a - examples of that. your predecessor had an ai summit then had a very i had an ai summit then had a very chilly— had an ai summit then had a very chilly one—on—one broadcast session with elon _ chilly one—on—one broadcast session with elon musk. you must be a but worried _ with elon musk. you must be a but worried that — with elon musk. you must be a but worried that not only is presumably elon musk— worried that not only is presumably elon musk not wanting to invest in the country— elon musk not wanting to invest in the country at the moment he will be telling _ the country at the moment he will be telling anybody who will listen not to invest. — telling anybody who will listen not to invest, what can you do about this _
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to invest, what can you do about this i— to invest, what can you do about this. . . , , . , ., , this. i am really pleased that very house successful _ this. i am really pleased that very house successful players - this. i am really pleased that very house successful players within i this. i am really pleased that very. house successful players within the sector have come out strongly in support of the plan we have put on the table and that is really significant because in the end they are the ones that will be making the breakthrough in the future, the ones deciding when it is they want to have the office and staff. and they are notjust saying they like being planned, they are setting up their offices in london and in this country. i am really pleased about that what with anybody in the sector whether elon musk on anyone, we are a government that is focused on but i am pleased that what is ready being said by some of the key people in this field. thank you. you
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being said by some of the key people in this field. thank you.— in this field. thank you. you said our lan in this field. thank you. you said your plan will— in this field. thank you. you said your plan will allow— in this field. thank you. you said your plan will allow firms - in this field. thank you. you said your plan will allow firms to - in this field. thank you. you said your plan will allow firms to use | your plan will allow firms to use the unique _ your plan will allow firms to use the unique resource of our nhs and data, _ the unique resource of our nhs and data. which— the unique resource of our nhs and data, which data is up for grabs and other— data, which data is up for grabs and other speed — data, which data is up for grabs and other speed used to raise money for the government and on the economy, as the _ the government and on the economy, as the treasury rates to be ruthless in their— as the treasury rates to be ruthless in their pursuit of spending cuts. the first— in their pursuit of spending cuts. the first thing i would say as we rna unique position in this country because we have the nhs and the use of that data has already driven forward advances in medicine. it will continue to do social b have to see this as a huge opportunity that will impact on the lives of millions of people. the example i gave at the beginning of the speech was someone who had had a stroke but this has the potential to get ahead of that to predict and prevent at what a difference that will make to the
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lives of millions of people. it is important because control of the data, i accept that challenge and we will also do so but i don't think we should have a defensive stance that will inhabit the sort of breakthroughs we need. in terms of the ruthless approach when it comes to finances and spending, yes we will be ruthless as we have been in the decisions we have taken so far, clear fiscal rules and we will keep to those that is why the chancellor was right in the once she chose to describe the approach we will take. there is increasing disquiet amongst mps over— there is increasing disquiet amongst mps over your chance's decisions. the cost _ mps over your chance's decisions. the cost of— mps over your chance's decisions. the cost of borrowing is at a 30 year _ the cost of borrowing is at a 30 year high — the cost of borrowing is at a 30 year high and the opponent and a law against _ year high and the opponent and a law against the _ year high and the opponent and a law against the dollar so can you please be clear— against the dollar so can you please be clear well rachel reeves be your chance _ be clear well rachel reeves be your chance on _ be clear well rachel reeves be your chance on for the duration of this parlianrent— chance on for the duration of this parliament was to she is doing a
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fantastic— parliament was to she is doing a fantasticjob, she has my full confidence and that of the entire party, _ confidence and that of the entire party. she — confidence and that of the entire party, she was given an incredibly challenging task at the budget because not only was the economy broken. _ because not only was the economy broken. we — because not only was the economy broken, we had a £20 billion black hole _ broken, we had a £20 billion black hole. �* . , . , , broken, we had a £20 billion black hole. ~ . , . , , . broken, we had a £20 billion black hole. �* . , . , , . . hole. and many many things that have been identified _ hole. and many many things that have been identified for _ hole. and many many things that have been identified for spending _ hole. and many many things that have been identified for spending which - been identified for spending which did not have spending attached to them such a tricky tough decisions, she is right to do so because as anybody who has turned and owned a business or organisation will know, a you turn something around you have to take the tough decisions fast, you cannot identify a tough decision then decide to put it off for six months on a year, no one would do that so that's why we have taken the approach we have taken, thicken the other steps necessary that go along with what was done in the budget and i am hundred percent confident we will get the growth we need. just
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ick u- on will get the growth we need. just pick up on the question can you clarify— pick up on the question can you clarify whether the government plans to make _ clarify whether the government plans to make the national data library including — to make the national data library including nhs data available to companies and researchers for commercial use. as well as to improve — commercial use. as well as to improve public services and if so can you — improve public services and if so can you please talk us through your current— can you please talk us through your current thinking in terms of how the data will— current thinking in terms of how the data will he — current thinking in terms of how the data will be priced. the current thinking in terms of how the data will be priced.— data will be priced. the data libra is data will be priced. the data library is important, - data will be priced. the data library is important, it - data will be priced. the data library is important, it is - library is important, it is something the sector has been crying out for. we need to make sure it works properly protecting the interests that need to be protected. when it comes to health data is really important to state control of this and we will because we need anonymized to use the potential of that data but also make sure it is properly protected and the way to do that as keep control of it. thank you.
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that as keep control of it. thank ou. . , , that as keep control of it. thank ou. ., i, . that as keep control of it. thank you. on a slightly separate ticket issue, you. on a slightly separate ticket issue. can _ you. on a slightly separate ticket issue. can i _ you. on a slightly separate ticket issue, can i ask— you. on a slightly separate ticket issue, can i ask what _ you. on a slightly separate ticket issue, can i ask what you - you. on a slightly separate ticket issue, can i ask what you make i you. on a slightly separate ticket| issue, can i ask what you make of issue, can i a
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