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Marketplace All-in-One

Economy takes center stage ahead of U.K. election

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 23 May 2024

⏱️ 10 minutes

🧾️ Download transcript

Summary

From the BBC World Service: British Prime Minister Rishi Sunak and opposition leader Keir Starmer are on the campaign trail after Sunak called a surprise summer election. We set the backdrop for this upcoming election, including an interrogation of the freshest economic figures and a look at the economic mood among British consumers. Also on the show: What do changing music tastes mean for guitar companies?

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Transcript

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0:00.0

My name is Lee Hawkins. I've been a journalist for over 25 years. On my new

0:08.8

podcast, What Happened in Alabama, I get answers to some of the hardest questions about how things

0:15.4

came to be for many black Americans and the truth that must come before any reconciliation can

0:21.6

happen. I investigate my family history, my upbringing in

0:26.2

Minnesota and my father's painful nightmares about growing up in Alabama. What happened

0:32.1

in Alabama is a new series confronting the cycles of trauma for myself,

0:37.0

my family, and for many black Americans.

0:40.0

Listen now. 4th of July. It's Independence Day for Americans and this year it's election day for the Brits.

0:56.7

Hello, this is the Marketplace Morning Report and we're live from the BBC World Service.

1:00.8

I'm Leanna Byrne. Good morning. After months of speculation on this side of the Atlantic

1:05.0

about when we might have an election here in the UK, Britain's Prime Minister, Riesi Sunak, has now fired the

1:10.4

starting gun on an election campaign that's set to be dominated by the economy.

1:14.4

We've got the BBC's Will Bain taking a look at this. Hello.

1:17.6

Hello.

1:18.6

Morning. Morning. First, before we get into it, let's hear a clip of Rishi Sunak.

1:24.0

Our economy is now growing faster than anyone predicted, outpacing Germany, France and the

1:28.8

United States.

1:30.6

And this morning it was confirmed that inflation is back to normal.

1:34.0

This means that the pressure on prices will ease and mortgage rates will come down.

1:39.0

Now, well, he's really pitching this on economic performance, that the economy is doing well but is that actually true?

1:46.0

Right so the Prime Minister has basically taken now as his moment to go for this election

1:52.0

because he's met two of what he set out as

...

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