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Episode details

World Service,08 Jul 2024,26 mins

French elections 2024: How are businesses feeling?

World Business Report

Available for over a year

France which is Europe's second largest economy - woke up to an unexpected result in the second round of its general election. Projections showed the far-right National Rally had failed to win a majority. It had been the largest party after first-round voting - but today, the left-wing coalition, the New Popular Front, has most seats, while President Macron’s centre alliance came second. Sam Fenwick gets reaction from businesses and economists about what the result of a hung parliament in France could mean. So, from one election without a clear winner to another with a very clear outcome; UK Labours new Chancellor of the Exchequer, Rachel Reeves, outlines her plans for delivering economic growth. And Boeing has agreed to plead guilty to a criminal fraud conspiracy charge stemming from two crashes of 737 Max jetliners that killed three hundred and 46 people. As part of the plea deal, Boeing will pay a criminal fine of nearly $250 million.

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