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Davos day three: Hunt says West must talk to China over AI, and standards must reflect ‘liberal democratic values’ – business live

Rolling coverage from the World Economic Forum in Davos

Elsewhere in Davos this morning, the boss of Barclays has said he is “very optimistic” about the UK.

C.S. Venkatakrishnan told CNBC that he thinks the UK consumer is in “very decent shape”, helped by the drop in energy prices from recent highs.

Growth is not great, but growth is fine. It’s not as strong as the United States.

But you know, there’s so many institutional advantages in the UK, and it’s the home of so much innovation, so much technology.

This election, whenever it comes, is not Margaret Thatcher versus James Callaghan [as in 1979].

The difference in economic policies between the two, and they’re both striving to say so, is fairly minimal.

We all know that if President Trump were to be reelected, he is probably not as big a supporter of Ukraine as all of us would wish.

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