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difficulties tax iifficulties 3333331333,” ,, rr the, and rr the, is |d rr the, 77 in particular investments, in particular heathrow expansion, a third runway etc, all those measures a fizz—35:13:33 , 3 3 take quite a while to fuel growth?— take quite a while to fuel urowth? , e, e, , e, growth? they do and they are all very welcomed, _ growth? they do and they are all very welcomed, generally, messaging around growth and a get return to focus on that is positive. those are the kind of things that do take some time to filter through. i think what we are seeing is from the monetary policies they would be

menegty policiestheyewmeld be helpful to get rate cuts from the bank of england which will be helping but, yes, from a government policy perspective, those things are more long—term. those things are more long-term.— those things are more long-term. those things are more iona-term. ., ., long-term. thank you for your thou~hts long-term. thank you for your thoughts this _ long-term. thank you for your thoughts this morning. - long-term. thank you for your thoughts this morning. we - long-term. thank you for your | thoughts this morning. we will have more on the day ahead for the business secretaryjonathan the business secretary jonathan reynolds. he will be in surrey at the european headquarters of samsung where he will deliver a speech outlining the governments plans for a refocused competition and markets authority. he will say the anti—trust regulator must be less "risk averse" and do away with what businesses regard as burdensome regulation. this comes after the sudden ousting of the cmas chair last month. michael field is european equity strategist at morningstar. hello to you. all of this happening on the same day, the growth figures coming out, the business secretary talking about growth and as way to reform regulators, cma in

particular. reform regulators, (ma in particular-— reform regulators, (ma in particular. what difference will it make? _ particular. what difference will it make? it _ particular. what difference will it make? it is - particular. what difference will it make? it is a - particular. what difference will it make? it is a good l will it make? it is a good question, sally. in some ways you have to look at the motivation for doing this, obviously they do want to improve the growth profile of the uk so picking a day in which gdp was released and the figures not being spectacular is probably a good starting point but, like the other measures you have discussed that the government have read implemented, this is something that probably will not feed through the system for quite a while if indeed it has a large impact in the first place. to what extent has the cma and its methods of regulating business and take etc in the uk held back the economy? it and take etc in the uk held back the economy?- and take etc in the uk held back the economy? it is a good question- _ back the economy? it is a good question- i _ back the economy? it is a good question. i think— back the economy? it is a good question. i think part _ back the economy? it is a good question. i think part of - back the economy? it is a good question. i think part of it - back the economy? it is a good

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