Givin grays with us given good evening to you.

Givin grays with us given good evening to you.

Good evening round.

Good evening round.

Now you've got an update on the Heathrow Airport fire. What was it suspicious or not?

Now you've got an update on the Heathrow Airport fire. What was it suspicious or not?

No police say it wasn't. The fire broke out on Friday and resulted in the closure of Heathrow Airport, Europe's busiest airport, an estimated quarter of a million people affected and sixty three thousand homes lost power in an outage caused by a fire at a nearby electricity station or substation. We have since been told that actually Heathrow could have received its power from two other substations, but chose to shut down because it would take too long to close all the systems down and reboot them. So lots of people say, well, well, hang on a minute, that's the whole point of a shutdown. And if you can't have a backup system without actually having to shut the whole thing down, then what's the point. This has been a big, big concern. Lots of the two investigations, one by the government and one by Heathrow pot itself to answer some of these questions and about resilience of the major transport hub in question, and plenty of people not keen on Heathrow's response with such huge effects on people around the world, but yet the police now saying no suspicious circumstances.

No police say it wasn't. The fire broke out on Friday and resulted in the closure of Heathrow Airport, Europe's busiest airport, an estimated quarter of a million people affected and sixty three thousand homes lost power in an outage caused by a fire at a nearby electricity station or substation. We have since been told that actually Heathrow could have received its power from two other substations, but chose to shut down because it would take too long to close all the systems down and reboot them. So lots of people say, well, well, hang on a minute, that's the whole point of a shutdown. And if you can't have a backup system without actually having to shut the whole thing down, then what's the point. This has been a big, big concern. Lots of the two investigations, one by the government and one by Heathrow pot itself to answer some of these questions and about resilience of the major transport hub in question, and plenty of people not keen on Heathrow's response with such huge effects on people around the world, but yet the police now saying no suspicious circumstances.

Okay, interesting given the rightel reason a spring statement to the House of Commons. We're all looking forward to this because it's sort of like what is she going to cut? How deep is she going to go? It will include school lunches. What's on the menu?

Okay, interesting given the rightel reason a spring statement to the House of Commons. We're all looking forward to this because it's sort of like what is she going to cut? How deep is she going to go? It will include school lunches. What's on the menu?

Yeah, and in nearly seven hours time or a little under seven hours time now we will find out. But it's not looking good. So there's a combination here of low economic growth and higher interest rates on government borrowing, and that's really been dealing a blow to the plans that had been made to the government because they're to their forecasts have been way too optimistic round about the state of the economy, and the government has set its non negotiable rules on borrowing and debt. This is they are not going to borrow to fund day to day public spending and to get government debt falling as a share of national income by the end of the parliament. If anything, though, that's going the wrong way, and so we believe there could be more welfare cuts announced a little later already she's announced about twelve billion New Zealand dollars worth of cuts to welfare. She's also announced to fifteen percent cuts to civil servants, so there'll be massive amount of redundancies coming there. But the forecasts were that the economy we'd grow by two percent this year one point eight percent next year. The Bank of England says it's going to be nearer to one percent, and that means the little riggle room that she'd left herself in her early calculations has completely gone, and so there is now going to have to be some massive changes that will result, really, I think in some problems for her. The government had pledged no increase to personal taxes, but now I think we're in a date where we may well see a reversal of that. Maybe not this time around, but maybe there'd be a hint of it in this speech about what happens next time around in the autumn budget in about six months time.

Yeah, and in nearly seven hours time or a little under seven hours time now we will find out. But it's not looking good. So there's a combination here of low economic growth and higher interest rates on government borrowing, and that's really been dealing a blow to the plans that had been made to the government because they're to their forecasts have been way too optimistic round about the state of the economy, and the government has set its non negotiable rules on borrowing and debt. This is they are not going to borrow to fund day to day public spending and to get government debt falling as a share of national income by the end of the parliament. If anything, though, that's going the wrong way, and so we believe there could be more welfare cuts announced a little later already she's announced about twelve billion New Zealand dollars worth of cuts to welfare. She's also announced to fifteen percent cuts to civil servants, so there'll be massive amount of redundancies coming there. But the forecasts were that the economy we'd grow by two percent this year one point eight percent next year. The Bank of England says it's going to be nearer to one percent, and that means the little riggle room that she'd left herself in her early calculations has completely gone, and so there is now going to have to be some massive changes that will result, really, I think in some problems for her. The government had pledged no increase to personal taxes, but now I think we're in a date where we may well see a reversal of that. Maybe not this time around, but maybe there'd be a hint of it in this speech about what happens next time around in the autumn budget in about six months time.

Okay, nice one, Gavin, thank you very much for that. Givin Gray are UK correspondent with.

Okay, nice one, Gavin, thank you very much for that. Givin Gray are UK correspondent with.

Us For more from hither Duplessy Allen Drive listen live to news talks. It'd be from four pm weekdays, or follow the podcast on iHeartRadio

Us For more from hither Duplessy Allen Drive listen live to news talks. It'd be from four pm weekdays, or follow the podcast on iHeartRadio