we heard from jeremy hunt that he — it was in 2008.y hunt that he said it _ it was in 2008. we heard from jeremy hunt that he said it would _ it was in 2008. we heard from jeremy hunt that he said it would be - it was in 2008. we heard from jeremy hunt that he said it would be wrong i hunt that he said it would be wrong to offer that type of money because they would fuel inflation. do you have any sympathy with that? hi i read an article which essentially, who essentially said that the sector pay awards do not increase inflation. so pay awards do not increase inflation-— pay awards do not increase inflation. ., ., ., inflation. so i would have to disagree — inflation. so i would have to disagree with _ inflation. so i would have to disagree with jeremy - inflation. so i would have to disagree with jeremy hunt | inflation. so i would have to. disagree with jeremy hunt on inflation. so i would have to - disagree with jeremy hunt on that unfortunately. this disagree with jeremy hunt on that unfortunately.— unfortunately. this is day four

in 2016, jeremy| hunt, the now chancellor, was in charge _ hunt, the now chancellor, was in charge ofere. and he didn't increase pay, he hasn't increased _ didn't increase pay, he hasn't increased pay since then. the 35% has gone — increased pay since then. the 35% has gone over the last ten, 15 years — has gone over the last ten, 15 years. they haven't made any changes _ years. they haven't made any changes. if they had increased pay increment— changes. if they had increased pay increment of the year on year by a few percent, then they wouldn't have this backlog to pay. this is a problem _ this backlog to pay. this is a problem of their own making. they 'ust problem of their own making. they just need _ problem of their own making. they just need to address it. because we are at— just need to address it. because we are at a _ just need to address it. because we are at a breaking point, we don't want _ are at a breaking point, we don't want to— are at a breaking point, we don't want to be — are at a breaking point, we don't want to be on strike today. we don't want to be on strike tod

chancellor jeremy hunt told defending his windfall tax. l and gas will flow . liam _ investing, so less oil and gas will flow . liam halligan gb news will flow. liam halligan gb news in will flow. liam halligan gb news tn atenteen— will flow. liam halligan gb news tn atenteen . — will flow. liam halligan gb news in aberdeen . now,— will flow. liam halligan gb news in aberdeen . \ttif.t�*tt" ll will flow. liam halligan gb news in aberdeen . \ttijt�*tt" ll will flow. liam halligan gb news in aberdeen . \ttiittt�* ll i in aberdeen. now, still to come this morning, the top economist at the bank of england tells us to all get used to being poorer and not to ask for more money. has he got a point? we will get to the point of that. this is gb news, britain's news than him. so who knows what his his than him. so who knows what his nte neottn— than him. so who knows what his his health issues— than him. so who knows what his his health issues are? we will . toot— his health issues are? we will never. good morning. l �*0 $70 never. good morning. it's

chancellor jeremy jeremy hunt doing out there todaywill chancellor jeremy jeremy hunt doing out there didn't lay rne—waw— room with them, they didn't lay rne—waw saw- room with them, they didn't lay the—way, say nigel. the ground the way, say nigel naween— the ground the way, say nigeli lawson _ before lawson laid the ground before his lawson laid the ground before nre-rax— lawson laid the ground before his tax reductions from 60 his major tax reductions from 60 to his major tax reductions from 60 re re,— his major tax reductions from 60 re re, rne— his major tax reductions from 60 re no, we ree— his major tax reductions from 60 to 40, the top rate— his major tax reductions from 60 to 40, the top rate of tax. but i to 40, the top rate of tax. but r area— to 40, the top rate of tax. but r also think— to 40, the top rate of tax. but i also think the— to 40, the top rate of tax. but i also think the bank of england itself didn't cover itself in glory at all because it started basically by selling bonds back to the market. it in a sort of reverse quantitative easing the day before the liz

alix: that was jeremy hunt speaking yesterday. from the imf meeting.nd maria joins us live from the meeting. maria: yes good morning from the imf meeting. it is good to see you mr. donohoe you are always busy every time we see each other. we are only here 48 hours, but the imf paints a gloomy picture for the global economy when you look at europe. data changes dependent on the country. they say the risks are tilted to the downside. are you feeling gloomy yourself? >> i am not feeling optimistic. i believe in the ability to make progress despite the challenges and the imf are correct to identify that. your question is that the imf have made a number of modifications with the growth of the european countries. the big picture i would argue for is with the changes they have made in growth forecasts, they are still forecasting growth for the euro area and the european union. and i think that growth is still taking place in 2023 and 2024. to me it is a broader assessment of where we are because after all in europe we have that at its most intense. maria: whe

tom: jeremy hunt speaking to maria tadeo during the meetings in washington.g up in the big take, a saudi oil packed could play into vladimir putin's hands. that is next. this is bloomberg. ♪ tom: welcome back to "bloomberg markets: european open." european stocks are up. u.s. futures are up. mastec futures -- nasdaq futures continue to work through the u.s. cpi print. lvmh coming through with some strong earnings powered by china. that is lifting gains as a consumer. let's switch focus on to commodities and what is happening geopolitically between the saudi's and americans. a few years ago, they were playing the role of peacemaker and now the u.s. looks more like their target. they have the potential to cause all kinds of trouble for the economy and even president biden's election campaign. that is the analysis in today's big take. joining us now is one of our chief economist. this is a fascinating take. what oil price is opec-plus aiming for and what are the implications? >> i think what they are comfortable with is probably around 18. that is what we have l

and jeremy hunt, at the moment at teeet— jeremy hunt, at the moment at teeet, teeem-t— jeremy hunt, atmw ehe— of brits taking part alongside katy perry and lionel richie them— katy perry and lionel richie ttem the— katy perry and lionel richie from the other— katy perry and lionel richie from the other side of the pond . seettemt-e— from the other side of the pond . scotland's first— from the other side of the pond . scotland's first minister is under more fire over his time as health secretary he's accused of taking his eye off the ball when deaung taking his eye off the ball when dealing with young people's mental health. child mental health services in scotland says it needs to employ at least another 200 people to the shadow armed forces. minister has told gb armed forces. minister has told he wewe— armed forces. minister has told gb news victims— armed forces. minister has told gb news victims of— : f minister has told gb news victims of abuse and hwttwhme— gb news victims of abuse and hwttwhma ee— gb news victims of abuse and bullying are repeatedly let them— bullying are repeate

so i would have to disagree with jeremy hunt on that unfortunately. strike, how are you feeling not being able to go into work four days when obviously you go into work to help patients to save lives? we are disappointed it had to come to that again. we are extremely sad that the government has refused to engage in meaningful negotiations with the british medical association again. it did not have to come to that. i would like to apologise to all patients whose appointments have been cancelled. it really didn't have to come to that. two ukrainian soldiers who had amputations after being wounded in the war, are being fitted with state—of—the—art bionic arms, made in the uk. the bristol based company hopes to rehabilitate hundreds of ukrainians over the next few years, with its revolutionary prosthetics. our reporter, gem o'reilly, went to see how they're made. these bionic arms that we're making now are going to soldiers in ukraine, who've lost limbs in the war. this factory in bristol is preparing to send its first two bionic arms to ukraine, and they

the chancellor, jeremy hunt, has insisted that britain is back.e how things are going. he made the comments at the international monetary fund meeting in washington, however latest figures show that the uk economy failed to grow in february. here is economics editor, faisal islam. the world's most important finance ministers seem rather calm at this key summit, the great hope in the world economy that the crises are now behind us, that normality might resume itself, around the world and in the uk. it does seem like that here, and the chancellor, jeremy hunt, is certainly sounding upbeat. it's other finance ministers who are telling me that britain is back, and they're very happy because we always play a very big role in helping to solve global problems. we had the fastest—growing economy in the g7 last year. so far we've avoided recession this year. it's a pretty low bar, though, avoiding recession. not at all. what we want to see is growth increasing and inflation coming down, and that's why we took very significant reforms, reforms, by the way,

meanwhile the chancellor of the exchequer, jeremy hunt, has insisted that the government should not giveton for meetings with other international finance ministers — said wage increases that fuelled inflation would have a "more damaging" impact on the uk economy. the one thing that we won't do, because it would be a terrible mistake, is to agree to an inflationary pay rise that means that we're still talking about inflation in a year's time. if we stick to the plan, we'll bring inflation down to below 3% this year, and then we'll put these precious behind us, and i think that's what the british people want the government to do. our economics editor faisal islam is in washington.. the chancellor's comments come as new figures show the extent to which public sector strikes are actually affecting the uk economy. yes. affecting the uk economy. yes, clive, affecting the uk economy. yes, clive. the _ affecting the uk economy. yes, clive, the bottom _ affecting the uk economy. yes, clive, the bottom line _ affecting the uk economy. yes, clive, the bottom line is - affecting the uk economy. yes,

as you heard there, jeremy hunt the chancellor accepts that there is an influence of those rights and put to him that it is a price worth paying, this sluggish growth, for this action, he said to accede to these demands, 35% as we have been hearing from junior doctors, it would be too much and imperil the economy and leave inflation higherfor leave inflation higher for longer. leave inflation higherfor longer. but he offered a knowledge branch too, saying the nurses, when they abandoned their i9% pay claim, it was a basis forfruitful their i9% pay claim, it was a basis for fruitful discussions and said the same thing for the junior doctors. he also had some beef with the imf economist who predicted repeatedly the uk will become bottom of the list of g7 major economies this year and the 6202. he economies this year and the g202. he said those forecast had undershot repeatedly and hope the same thing would happen dilma -- g20 —— g20 too. he said in the middle of the mini budget crisis, frankly, the united kingdom was a problem on the agenda list. but now the chancellor argues britain is

and this jeremy hunt the day. and this is jeremy hunt at the day.ish economy. downbeat on the british economy. orhro—rs— downbeat on the british economy. orhro—rs hor- olivia yeah, so this is not hear— olivia yeah, so this is not preor es— olivia yeah, so this is not great news for— olivia yeah, so this is not great news for jeremy hunt ohvrousry— great news for jeremy hunt obviously britain's relationship huh— obviously britain's relationship uhh rhe— obviously britain's relationship uhh rhe hur— obviously britain's relationship with the imf was, was a bit rorhrsheu— with the imf was, was a bit tarnished after— with the imf was, was a bit tarnished after the disastrous rhhr—huoper— tarnished after the disastrous mini—budget of— tarnished after the disastrous mini—budget of last year. the rur— mini—budget of last year. the rhrr rhu— mini—budget of last year. the rhrr uru hor— mini—budget of last year. the imf did not trust— mini—budget of last year. the imf did not trust kwasi kwarteng at all. it felt under jeremy hunt as though that relationship wa

chancellor jeremy hunt told gb . 'd rather fall— i mean, i could think of no one. i'd rather fall out— i mean, i could think of no one. i'd rather fall out with less tnen— i'd rather fall out with less tnen vou— i'd rather fall out with less tnen you see— i'd rather fall out with less than you see there you are. so tnts— than you see there you are. so ttts guestton— than you see there you are. so this question was— than you see there you are. so this question was reignited this week when jennifer aniston was seen dining with her ex—husband , justin theroux, who sounds like a french canadian prime minister is he what does he do? an eetore— minister is he what does he do? an eetore ts— minister is he what does he do? an actor? is it— minister is he what does he do? an actor? is it like— it: ’“ is he what does he do? an actor? is it like her? yeah. ant— an actor? is it like her? yeah. ant tt— an actor? is it like her? yeah. ant tt sees— an actor? is it like her? yeah. and it seems justin theroux. teen. — and it seems jus

the uk's finance minister, the chancellor of the exchequer, jeremy hunt, says giving in to big pay demandshington for the world bank and imf spring meetings. the one thing we won't do because it would be a terrible mistake is to agree to an inflationary pay rise. that means that we're still talking about inflation in a year's time. if we stick to the plan, we'll bring inflation down to below 3% this year, and then we'll put these pressures behind us and i think that's what the british people want the government to do. now it's time for a look at the weather with louise. good morning. it's going to be another day dominated by sunny spells and sharp and thundery downpours for many of us. so if you have seen some early morning sunshine, i hope you managed to get out and enjoy it a little. it does become quite messy as we go through the day. we had a line of more heavy, persistent rain from these weather fronts that are slipping their way south and east over into france. the heaviest of the rain across south—west england and south wales over the last few hours and as it pushes its way down thr

manus: jeremy hunt at the imf spring meetings.ing up, we will have more conversations, the euro group president and the spanish economy minister, all on bloomberg. of next, has the energy crisis had record high? unemployment strikes? from the south africa investment conference, next. this is bloomberg. ♪ introducing the sleep number climate360 smart bed. the only smart bed in the world that actively cools, warms, and effortlessly responds to both of you. our smart sleepers get 28 minutes more restful sleep per night. proven quality sleep. only from sleep number. manus: it is "daybreak: europe." the governor of south africa's central bank told bloomberg television it doesn't follow the fed on rate moves. as rolling blackouts and record high unemployment continues to cripple the country's economy. all things investors are keen to discuss. we are on the ground there with a special guest. >> i'm here with ceo mike brown. thank you so much for being here with us, very early in the morning for us. south africa's dealing with high employ

as you heard from jeremy hunt the government has a plan. t markets are pricing and the bank of england might do, what doesjeremy hunt mean to halve inflation by the summer, what do you make is that as outlined with his autumn statement? , ., autumn statement? the plan the chancellor announced _ autumn statement? the plan the chancellor announced previously| chancellor announced previously was a long—term plan, a lot of the measures announced will not drive inflation in my view in the short to medium term. a lot of that burden will lie with the bank of england, that's what interest rates have to rise as far as they have and they are already priced into rise with a. when you are talking about inflation you compare prices to a year ago, energy prices through the second half of the gear will have come down considerably from a year ago, oil prices, the same, food prices will start to drift lower as well. this will have a beneficial impact on inflation, while i'm sure this is politics, i don't think you can really attribute that to measures taken

the current chancellor jeremy hunt said...arity amongst politicians, someone who transformed our thinking as well as transforming our economy. since he stepped down as chancellor, his shoes have been impossible to fill, but he inspired all his successors, leaving the country more prosperous and enterprising." and, former prime minister borisjohnson wrote... "nigel lawson was a fearless and original flame of free market conservatism. he was a tax—cutter and simplifier who helped transform the economic landscape and helped millions of british people achieve their dreams." here's more from our political correspondent, helen catt. nigel lawson was the architect of the economic policies that underpinned thatcherism. six years in office saw some of the most far reaching changes ever made to britain's financial affairs. i was asked to be the first city editor for the new sunday telegraph. he began his career as a journalist, editing the spectator magazine and making regular appearances as a tv pundit. nigel lawson. he became an mp in

but the chancellor, jeremy hunt, in the chancellor, jeremy hunt, in tte tuttet— the chancellor, jeremyre didn't really help did it? no, it didn't help pubs, did it? no, it didn't . .— help pubs, did it? no, it didn't . . mean— help pubs, did it? no, it didn't . i mean, there— help pubs, did it? no, it didn't . i mean, there was- help pubs, did it? no, it didn't . i mean, there was real anger actually . if you look at the actually. if you look at the response from people across hospitality. so publicans, but also restaurants , tours, also restaurants, tours, brewers, there was a real sense of anger at just how out of touch the chancellor and the government are on this. that was something that will do really very, very little, virtually virtually nothing significant for pubs. it's not a bad thing in itself. clearly but what pubs needis in itself. clearly but what pubs need is pubs need help to become profitable when the only thing stopping them are these utterly artificially high energy prices. and the government didn't listen. and the energy discount scheme, which was , you know, not sc

but the chancellor, jeremy hunt, in the chancellor, jeremy hunt, in tte tuttet— the chancellor, jeremyre didn't really help did it? no, it didn't help pubs, did it? no, it didn't . .— help pubs, did it? no, it didn't . . mean— help pubs, did it? no, it didn't . i mean, there— help pubs, did it? no, it didn't . i mean, there was- help pubs, did it? no, it didn't . i mean, there was real anger actually . if you look at the actually. if you look at the response from people across hospitality. so publicans, but also restaurants , tours, also restaurants, tours, brewers, there was a real sense of anger at just how out of touch the chancellor and the government are on this. that was something that will do really very, very little, virtually virtually nothing significant for pubs. it's not a bad thing in itself. clearly but what pubs needis in itself. clearly but what pubs need is pubs need help to become profitable when the only thing stopping them are these utterly artificially high energy prices. and the government didn't listen. and the energy discount scheme, which was , you know, not sc

c global, i mean, fema, jeremy hunt data, but as well as it's literally could be a tiny sneeze, is probably an electron that you still would be to put in a little bit. tanya, a nice summer scene, yet next down, nearer let it cool the so called sam store, but i'm doing more coverage. maybe pants. roman stick moved to britain from israel more than 20 years ago. he says life in london has changed drastically over the past year. i'm here next to the pizza place. you used to be rising in sunday night. look at how many people are on the half of this empty one people can afford to in the restaurants anymore. people asked to buy and is this on the guardian reports that millions of people now skip meals due to the high cost of food and according to the food foundation charity, $1.00 in 5 british households with food insecure. as of september 2022 every provides a chip and reichen has the shelf where you can buy reduced items. he used to be quite a embarrassing, as for people, so to actually pick those items and therefore now it's, it's no longer a tab with people actually q and up. so to rub those d

so did chancellor jeremy hunt's recent budget help or jeremy hunt's recent budget help ew-ebbewbe— jeremyen — significantly in walsall, ten miles from central birmingham cenbeeb— miles from central birmingham cenbeeb ene— miles from central birmingham control and automation manufactures- control and automation manufactures internal control eyebene— manufactures internal control systems which— manufactures internal control systems which operate complex neenbneey— systems which operate complex machinery with— systems which operate complex machinery with 230 workers, is expenebne— machinery with 230 workers, is expanding fast. _ machinery with 230 workers, is expanding fast. o machinery with 230 workers, is expanding fast. c o expanding fast. but ceo tony hague says the recent rise in corporation tax and still sky high energy bills will hurt companies across the midlands. i think levelling up is complete and i think levelling up is complete ene wbbee— i think levelling up is complete ene wbbee tebe— i think levelling up is complete and utter joke and has been and utterjoke and has been a beb

jeremy hunt is kind of using this as cause for celebration, the fact that we are at least not fallingare at least not falling into recession-— we are at least not falling into recession. , ., ~ ., ., recession. do you think we are going to see any significant _ recession. do you think we are going to see any significant improvement l to see any significant improvement in the british economy before the next general election? let’s in the british economy before the next general election? let's hope so. the next general election? let's hope s0- the imf _ next general election? let's hope so. the imf issued _ next general election? let's hope so. the imf issued some - next general election? let's hope so. the imf issued some rather. so. the imf issued some rather gloomy forecast just this week for the economy to contract by 0.3%, worse than the government's official forecast of 0.2%. if we can get inflation back down to was that key 0.2% target, that will give much more money to all of us in terms of our affordability, more money to all of us in terms of ouraffordability, meaning more mon

i agree, said jeremy hunt. and we need to dndnd— said jeremy hunt.business background, it's in our on,— business background, it's in our dna,-chancellor- business background, it's in our dna, chancellor you dna, said the chancellor you dnon— dna, said the chancellor you non-yon— dna, said the chancellor you know,-you raise- know, why'd you raise corporation - know, why'd you raise corporation tax six corporation tax by six oenoennooe- corporation tax by six percentage but they percentage points then? but they donn— percentage points then? but they done an,— percentage points then? but they both said, look,— percentage points then? but they both said, look, we— percentage points then? but they both said, look, we want to get dondo— both said, look, we want to get onondo going-— both said, look, we want to get growth going. but— both said, look, we want to get growth going. but they were both eonenedy— growth going. but they were both eonenedy noone— growth going. but they were both extremely vague training, apprenticeships , you know apprenticeships,

the financial times, rishi sunak and jeremy hunt press to deliver on pledge to maintain ties with businessre is rishi sunak. 0n the bottom, shares rebound, china rebound makes lm vh first european group to take $500 million of value. we will be back tomorrow night and certainly more on the possible get out of people from sudan if this three—day ceasefire comes to pass and indeed holds. that is all from us tonight. sleep well, goodbye. breaking news from around the world 24 hours a day, this is bbc news. the uk's biggest business lobby group says it hired "culturally toxic" staff and failed to deal properly with people who sexually harassed female colleagues. the cbi says it has now dismissed a number of people and that it must change its culture. the group has been engulfed in scandal since allegations of misconduct, even rape, have emerged and many key businesses have deserted it. an organisation that was overly complex with its size, too many layers, too many managers not trained enough of these sensitive people issues. the people and cultural agenda was not top of mind. it wasn't, you k

jeremy hunts budget was ebeerw— news. jeremy hunts budget was clearly designed— news.the beee-bbeb— britain working budget and the idea that obviously is to get idea of that obviously is to get the idea of that obviously is to get bbe bee— idea of that obviously is to get bbe bee rebee— idea of that obviously is to get the tax rates up,— idea of that obviously is to get the tax rates up, get the get bbe— the tax rates up, get the get bbe-eeme- the tax rates up, get the get the-going again,. the economy going again, mereeee.-— the economy going again, increase -. and - the economy going again, increase . and the focus was increase gdp. and the focus was on increase gdp. and the focus was em rebbree— increase gdp. and the focus was on retired people— increase gdp. and the focus was on retired people who have left the on retired people who have left bbe job— on retired people who have left the job market— on retired people who have left the job market early. we know bbeb— the job market early. we know bbeb bbere-e— the job market early. we know that there's a _ the job ma

i did get to speak to jeremy hunt for about 20, speak to jeremy hunt for about so, 25— speak to jeremythat was very little that was speellle— was very little that was speellle . — was very little that was specific . 14:51“ was very little that was specific . 14:51" \»»1:1»p»1 was very little that was specific . 14:51" \»l:1»p»1 was very little that was- specific . yeah. now, the other specific. yeah. now, the other aspect about trying to get the economy going and achieving growth, of course, is something not directly in their control . not directly in their control. monetary policy. the bank of england, you wrote in the telegraph weekend about telegraph at the weekend about groupthink at the bank of england, which is part of this equation. did you get any indication from jeremy hunt whether he's quite happy to let them get with it and leave them get on with it and leave them get on with it and leave them well, ask the them alone? well, we did ask the cnenoellon— them alone? well, we did ask the chancellor-bank- them alone? well, we did ask the chancellor- bank of- chancellor about the

despite that, finance minister jeremy hunt insists the u.k. is on the right track. >> when i talk to my colleagues at the international monetary fund, everyone is very clear that the u.k. is on the right track to focus on bringing down inflation, and if we do that, we can get through this very difficult period and make sure we are not having the same discussion this time next year and that we get back to growth, which is what we want to see. >> experts expected inflation to dip below 10% last month, but the food price insured it stayed in double digits. inflation in the u.k. has skyrocketed over the past three years, reaching what the-year high in october 2022 -- reaching a 40-year high in october 2022. inflation has also spurred a wave of industrial action in the country. most recently, among junior doctors who want a $.35 pay rise to compensate for the rapidly rising cost of living. >> -- 3 pay risto compensate for the rapidly rising cost of living. the ftsin london closed down slightly. the dax in frankfurt and the cac 24 in paris each notc

chancellor jeremy hunt is offering 600 pound incentives to anyone that trains to bece a child minder, that doubles if they sign up through an agency. one of the six private agencies that would profit is the one in which mr. sunak's wife is a shareholder. he was asked about the scheme last month. >> i want to make sure the policies are effective in bringing additional people into the system. >> there is nothing that the prime minister wishes to declare? christian: we will get the latest on the strikes with our health editor. first, let's hear from our political correspondent. it was pretty clear, rough the interrogation at the liaison committee, everyone seems to know that his wife had a shareholding, but wasn't properly declared? >> this is what the parliamentary commission of standards, an independent figure who looks at whether members of parliament follow the rules, is inquiring into. particularly, when mp's appeared before committees like that, if they are talking about an issue in the house, before a committee, they are expected to flag up if they have an interest tied to whateve

earlier, the chancellor, jeremy hunt , said chancellor, jeremy hunt, said inene— chancellor, jeremy hunte ne— chancellor, jeremy hunt, said there was no point engaging with there was no point engaging with ine eni— there was no point engaging with the cbi anymore— there was no point engaging with the cbi anymore and that the devennneni— the cbi anymore and that the government wanted to work with the government wanted to work with ine indde — government wanted to work with ine indde dedi— government wanted to work with the trade body that sticks up for business.— the trade body that sticks up for business. now as you've been nearing,— for business. now as you've been nednind, sin— for business. now as you've been needing, sin nei— for business. now as you've been hearing, sir keir starmer says ine— hearing, sir keir starmer says the comments— hearing, sir keir starmer says the comments made by labour mp dinne— the comments made by labour mp didne adden— the comments made by labour mp diane abbott were _ the comments made by labour mp diane abbott were anti—semitic . diane abbott were anti

even the time you missed me, police get a v i c global new fema jeremy hunt. that happened as well as it's leaving could be tiny sneezes, particularly in a letter in that you still with the need to put in a rush doraville it could be done. yeah, a nice summer. see, let's understand nina. political, the so could sense store, but i'm do more coverage with roman stick move to britain from israel more than 20 years ago. he says, live in london has changed drastically over the past year. i'm here next to the pizza place. he used to be buzzing in sunday night. look at how many people are on the half of this empty. when people can afford to in the restaurants anymore, people have to buy and is this on. the guardian reports that millions of people now skipped meals due to the high cost of food and according to the food foundation charity, one in 5 british households with food insecure. as of september, 2022 every provides its open like and has the shelf where you can buy reduced items. he used to be quite an embarrassing ad for people. so to actually pick those items

, saying chancellor jeremy hunt, saying the chancellorjeremy hunt, sayinge deputy labour leader— avoid recession. but the deputy labour leader angela rayner says the government— labour leader angela rayner says the government has failed to help— the government has failed to heth teete— the government has failed to help people. well the economy tteutee— help people. well the economy themes that— help people. well the economy figures that came— help people. well the economy figures that came out today are very— figures that came out today are very devastating. _ figures that came out today are very devastating. c very devastating. it shows that productivity and the growth in the economy has been completely flatlined and we've seen that from the imf that have said that they don't believe that's going to get any better this year. so that having an impact that is having an impact on people . energy are going people. energy bills are going up, mortgages and rents up, their mortgages and rents are up, their food prices are going up, their food prices are going up,

jeremy hunt is an interesting guy. he's a different secretary of treasury. next time. interesting moves in the market and good morning to you. j.p. morgan came out earlier, way better-than-expected. raising their guidance as well. yields are flying by 15 basis points. i talk about a tight range for a two year treasury. we are back to 4.1%, higher 14 basis points. look at retail sales once, look at it twice and stripped out energy. lisa: that has kinda of been all the data. is this the big story, the head fake energy prices going down which causes a feeling of disinflation that was faster than it was. we have these headlines from fed governor chris waller saying he favors monetary policy tightening more consistently and rates are going to have to remain higher for longer because the progress on the core -- a ghost out the segments -- he goes to stripping out the segments and it is not gone far enough. where do we see reconciliation? bond market go to the fed or the fed go down to the bond market. jonathan: mike mckee you have been working through the headline

jeremy—budget , has jeremy hunt's recent budget, has it jeremy hunt's recent budget, has tt tetpet— jeremysamtrat amt— miles from central birmingham control and automation , an control and automation, an manufactures— control and automation, an manufactures internal control swstems— manufactures internal control systems which— manufactures internal control systems which operate complex . systems which operate complex. wasttmerw— systems which operate complex. ttasttmerw wttt— systems which operate complex. machinery with 230 workers, is expamttmg— machinery with 230 workers, is expanding fast. _ machinery with 230 workers, is expanding fast. tijj machinery with 230 workers, is expanding fast. c [j expanding fast. but ceo tony hague says the recent rise in corporation tax and still sky high energy bills will hurt companies across the midlands. i think levelling up is complete and i think levelling up is complete amt utter— i think levelling up is complete amt utter tate— i think levelling up is complete and utter joke and has been a and utterjoke and has been a patttsat— and utterjoke and h

jeremy hunt says the debe— £139.2 billion. jeremy hunt says the debts re— £139.2 billion.h the pandemic and the ongoing— through the pandemic and the ongoing wer— through the pandemic and the ongoing br— through the pandemic and the ongoing war in ukraine. the best— ongoing war in ukraine. the latest hearing— ongoing war in ukraine. the latest hearing in prince harry's regur— latest hearing in prince harry's begub buttres— latest hearing in prince harry's legal battles with the uk press wru— legal battles with the uk press rub rere— legal battles with the uk press will take place— legal battles with the uk press will take place at— legal battles with the uk press will take place at the high court— will take place at the high court br— will take place at the high court in london— will take place at the high court in london this morning . court in london this morning. rbe— court in london this morning. rbe bure— court in london this morning. rbe duke of— court in london this morning. the duke of sussex is suing news group— the duke of sussex is suing news ereub ueueuerebp— t

chancellor, jeremy hunt.omberg. ♪ >> this is "bloomberg surveillance: early edition" with francine lacqua. tom: good morning and welcome. here's what's coming up on today's program. u.s. headline

, in— confirmed by the chancellor, jeremy hunt, in the autumn sraremenr— jeremy hunt, in the autumnnts will rise to either. 156 or pension weekly payments will rise to either . 156 or £203. as rise to either. 156 or £203. as to rise to either. 156 or £203. as re eumare— rise to either. 156 or £203. as to climate change, protesters nave— to climate change, protesters nave been— to climate change, protesters have been arrested afterjumping a name— have been arrested afterjumping a barrier er— have been arrested afterjumping a barrier of a— have been arrested afterjumping a barrier of a dinosaur display in cavenrry— a barrier of a dinosaur display in cavenrry .— a barrier of a dinosaur display in coventry . the— a barrier of a dinosaur display in coventry . the just stop oil in coventry. the just stop oil aerrvrere— in coventry. the just stop oil activists entered— in coventry. the just stop oil activists entered the exhibition at activists entered the exhibition ar rne — activists entered the exhibition at the herbert— activists entered the exhibition at the herbert art gallery and mu

fox news anchor julie banderas alongside army veteran jeremy hunt. julie, what am i missing. would anheuser-busch or nike think this sells. >> i don't understand. for branding purposes alone, you are trying to sell. isn't that what this business is about? i have boo -- i have boobs. but women who are. translatonot trans andthey are . brian: are we out of women for the nike outlet? >> i think a lot of it is virtue signaling. it's about trying to send a signal, nike is cool, too. i think the outrage has been really interesting to watch because a lot of times when people, especially conservatives respond to what's going on. we talk about it, but you don't see the pushback. >> i don't believe the critics are because they are anti-trans. this is about men and women and women's sportswear are made for women. brian: she is acting like a little girl, she is 26 years old. they are going to start separating schools into red and blue schools. 58% of college students won't discuss controversial topics even if they are at a red or blue school. >> my law degree i will finish next month. br

now, we heard from the british chancellor, jeremy hunt, who said itjust would be wrong to offer thaty paul whiteley which essentially said who essentially said that public sector workers pay awards, do not increase inflation. so i would have to disagree with mr.. hang on that, unfortunately. so this is day four of the strike. how are you feeling not being able to go into work for four days when obviously you go into work to help patients to save lives? naturally, we are disappointed it had to come to that again. we are extremely sad that the government has refused to engage in meaningful negotiations with the bma. again, it did not have to come to that. i would like to apologise to all the patients whose elective appointments have been cancelled. it really should not have to come to that. dr adrianna zembrzycka, from the bma junior doctor committeee ending that report by simonjones a powerful tropical storm has hit the north west coast of australia. cyclone ilsa made landfall in the town of port hedland last night, but avoided the most populated areas. residents have been told to sta

what it going to take, do you think, to make jeremy hunt think? actually, i do have to cut taxes. and bnng down the cost of living and bring down inflation. well, i think i think that you've the nail on the head there, angela, because is the problem. i think the government is also concerned and of course, it's being egged to this extent by the bank of england strongly. you know, the bank governor andrew bank of england governor andrew bailey that he bailey has made it very that he doesn't to see inflate and doesn't want to see inflate and busting pay rises . he's also busting pay rises. he's also told businesses off this week for hiking prices and talking about greed deflation. i don't think he himself used that word, but that's the word that has been bandied around, this idea that that many companies and businesses are using the high rates of to inflation hike their pnces rates of to inflation hike their prices even than they really need to. so the government's really and the bank of england that the processes we can't do anything that's going to push inflation and keep inflation

sayhp— february, with jeremy hunt sayhp the— february, with jeremy hunt sayhp the uk— february, recession. but the deputy labour leader angela rayner said the government— leader angela rayner said the government had— leader angela rayner said the government had failed to help peapte— government had failed to help peapte . — government had failed to help peapte . wttte— government had failed to help people . while the- government had failed to help people . ft" people. while the economy figures that came out today are very devastating, it shows that productivity and the growth in the economy has been completely flatlined and we've seen that from the imf that have said that they don't believe that's going to better this year. so to get any better this year. so thatis to get any better this year. so that is having an impact on people. energy bills are going up mortgages rents up, their mortgages and rents are , their food prices are going up, their food prices are going up, their food prices are the government are going up and the government have families , have failed to help fami

sayhp— february, with jeremy hunt sayhp the— february, with jeremy hunt sayhp the uk— february,atet hhpeta— recession. but the deputy labour leader angela rayner said the government— leader angela rayner said the government had— leader angela rayner said the government had failed to help peapte— government had failed to help peapte . — government had failed to help peapte . wttte— government had failed to help people . while the- government had failed to help people . ft" people. while the economy figures that came out today are very devastating, it shows that productivity and the growth in the economy has been completely flatlined and we've seen that from the imf that have said that they don't believe that's going to better this year. so to get any better this year. so thatis to get any better this year. so that is having an impact on people. energy bills are going up mortgages rents up, their mortgages and rents are , their food prices are going up, their food prices are going up, their food prices are the government are going up and the government have families , have failed

the chancellor jeremy hunt said there is no point engaging with the cbi now. have been deserting it in droves. you have multiple allegations of sexual assault, including two of rape. the cbi was the go to between business and government. speaking to other ministers, they are engaging with other lobby groups, but the cbi itself has a that it failed -- admitted that it failed to protect staff. the president mentioned the reason that they were too slow to get rid of staff, they were trying to resolve issues that were ongoing. it is an opportunity for the new director general to step up and lead out of this crisis. dani: lizzy, thank you, a lot going on with british industry. the boj 60 monetary easing with its yield -- sticks to monetary easing with its yield curve control. the decision is at the end of this week. this is bloomberg. ♪ dani: the new bank of japan governor, kazuo ueda, is expected to avoid making a big splash at his first meeting in charge. the boj is forecast to keep rates and asset purchase settings unchanged on friday. let's get to paul jackson

, in— confirmed by the chancellor, jeremy hunt, in the autumn statement— jeremy hunt, in the autumnister of thinking child— accusing the prime minister of thinking child sex abusers shoaltn-t— thinking child sex abusers shouldn't go— thinking child sex abusers shouldn't go to prison, labour tollowet— shouldn't go to prison, labour tollowet ap— shouldn't go to prison, labour followed up with— shouldn't go to prison, labour followed up with ads on adults oonvtotet— followed up with ads on adults oonvtotet ot— followed up with ads on adults convicted of firearms possession ant— convicted of firearms possession ant thett— convicted of firearms possession and theft earlier— convicted of firearms possession and theft earlier on breakfast aslet— and theft earlier on breakfast asked shadow— and theft earlier on breakfast asked shadow attorney general tntly— asked shadow attorney general emily thornberry— asked shadow attorney general emily thornberry why labour were targettng— emily thornberry why labour were targettng the — emily thornberry why labour were targeting the government on rt— t

and jeremy hunt is indicating, look ,wsiws-ta— jeremy hunt is indicating, look ,we-ye-g nay— jeremy huntfter the government confirmed it's signed a deal to use the bibi stockholm , which can accommodate stockholm, which can accommodate about 500 people. the plans are designed to free up hotels currently housing more than 50,000 asylum seekers waiting for their claims to be processed . former scottish first minister nicola sturgeon has pulled out of a climate change event this evening after her husband was arrested and then released without charge. police remain outside the home of ms. sturgeon and the former snp chief executive . it remains cordoned executive. it remains cordoned off pending further investigation. peter murrell was arrested as part of a probe into snp finances including £600,000 set aside for scotland , whose set aside for scotland, whose independence campaign and the king has signalled his support for research into the british monarchy's historical links with transatlantic slavery . king transatlantic slavery. king charles and the queen consort have been at a maundy thu

. - tetethw—ttthewhet jeremy hunt does seem somewhat tetethet— jeremy hunt does seem somewhat detached-businessonomic airbridge the world. economic airbridge to the world. if that, you damage if you damage that, you damage the uk economy, it's fundamental . well, you know, government should a strategy should be looking at a strategy that we will that says this is how we will connect with the world, this is how bring people in and how we will bring people in and this how we'll reinvigorate this is how we'll reinvigorate our streets. a joined our high streets. it's a joined up it's over 150 up product. it's over 150 billion. it was forecast that by 2025, pre—covid that tourism would you know, ten, 12% of would be, you know, ten, 12% of the uk economy . it's economy the uk economy. it's economy that we can quickly increase. but the challenge is we've sort of forgotten about it and there are significant challenges in aviation within the environment. of course, with fuel costs. but if we can get people coming into our country i today, our country where i am today, you know, in the northumberland, go

. - tetethw—ttthewhet jeremy hunt does seem somewhat tetethet— jeremy hunt does seem somewhat detached-businessry, aviation provides us with our economic airbridge the world. economic airbridge to the world. if that, you damage if you damage that, you damage the uk economy, it's fundamental . you government . well, you know, government should at a strategy should be looking at a strategy that this how we will that says this is how we will connect the world, this is connect with the world, this is how will people in and how we will bring people in and this how we'll reinvigorate this is how we'll reinvigorate our high streets. a joined our high streets. it's a joined up over 150 up product. it's over 150 billion. was forecast by billion. it was forecast that by 2025, pre—covid that tourism would be, you know, ten, 12% of the uk economy . it's economy the uk economy. it's economy that we can quickly increase. but the challenge is we've sort of forgotten about it and there are significant challenges in aviation within the environment. of course, with fuel costs. but if we can get people coming int

, said there— today the chancellor, jeremy hunt, said there was no point engaging— hunt, said therenment preferred to _ and that the government preferred to work with a trade nagg— preferred to work with a trade icay inan— preferred to work with a trade body that sticks— preferred to work with a trade body that sticks up for business. _ body that sticks up for business. now as you've been nearing,— business. now as you've been hgggng, sin— business. now as you've been hearing, sir keir— business. now as you've been hearing, sir keir starmer says the comments— hearing, sir keir starmer says the comments made by labour mp diana— the comments made by labour mp i>ianc anion— the comments made by labour mp diane abbott were _ the comments made by labour mp diane abbott were anti—semitic . diane abbott were anti—semitic. in diane abbott were anti—semitic. in an— diane abbott were anti—semitic. in an anicic— diane abbott were anti—semitic. in an article for— diane abbott were anti—semitic. in an article for the observer , in an article for the observer, inc— in an article for the observer,

fox news anchor julie banderas alongside army veteran jeremy hunt. julie, what am i missing.e outlet? >> i think a lot of it is virtue signaling. it's about trying to send a signal, nike is cool, too. i think the outrage has been really interesting to watch because a lot of times when people, especially conservatives respond to what's going on. we talk about it, but you don't see the pushback. >> i don't believe the critics are because they are anti-trans. this is about men and women and women's sportswear are made for women. brian: she is acting like a little girl, she is 26 years old. they are going to start separating schools into red and blue schools. 58% of college students won't discuss controversial topics even if they are at a red or blue school. >> my law degree i will finish next month. brian: do you keep your mouth shut about your views to your classmates? >> i don't. i served in the army for five years. i'm not afraid of campus culture. but some people in the classroom are agrade to speak up. i will make comments in class, then i will get dms on the hush hush sayi