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World Business Report: First broadcast 19/01/2023 15:32 GMT : President Macron's reform programme faces mass protests

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President Macron's reform programme faces mass protests

First broadcast 19/01/2023 15:32 GMT 

First broadcast 19/01/2023 15:32 GMT : President Macron's reform programme faces mass protests

BBC World Service - World Business Report, President Macron's reform programme faces mass protests

A new bill aims to raise the official age at which people can stop work from 62 to 64

Macron's unpopular pension plan to raise the retirement age by two years to 64 prompted thousands of people to march against the reforms.

Thousands of French workers have walked out over the government's proposal to change the pension system. The strikes have crippled much of the rail network, and caused the cancellation of some flights. They've also hit schools and oil refineries. One of the major stand-off points is raising the age of retirement from 62 to 64.

Meanwhile, the US, once again, is poised to run up against its debt limit today. That means the government is not allowed to borrow any more money - unless Congress agrees to suspend or change the cap. The cap currently stands at almost $31.4tn.

And big figures come from British club football today. Manchester City has once again emerged as the highest-revenue-generating football club in the world. The club had revenues of around 790 million dollars last year - that's according to global accounting firm Deloitte, which composes an annual football rich-list each year.

(Picture: Low Section Of Men Standing On Bicycle Rack In City. Picture Credit: Getty Images)

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First broadcast 19/01/2023 15:32 GMT : President Macron's reform programme faces mass protests

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