Page 38 - 6 2 News Today

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On investment is considerable if you invest in smes there has to be some kind of understanding that the voice of biz businesses are well and good but it doesnt reflect the vast majority of employers, which are smes. it majority of employers, which are smes. , :, :, , majority of employers, which are smes. , . ., , ., smes. it is a really important distinction. _ smes. it is a really important distinction. thank— smes. it is a really important distinction. thank you - smes. it is a really impor...

Extraordinary pressures on household finances and budgets. that has been driven by the figures today which will be exacerbated by the fact that inflation is now at a record high of 6.2%. it is driven by rising fuel, energy and food prices. you might remember it was only a few months ago that rishi sunak had his budget in october, and a few weeks ago he announced further emergency measures to help households deal with rising energy bills from february. that all seems out of date now. and the back...

Matching increase on universal credit because the poorest households are feeling the squeeze. will he reveal something to do with pensions which have also been frozen? a very difficult time for every household but particularly for danny and the traders, they feel it in a lot of areas if they are selling on products. lets speak to ian. you provide to restaurants and shops, cafes, inflation at 6.2%, you thought it would be higher than that. we thought it would be higher than that. ~ . , that. we a...

To a muted start this morning. >> that was a fun fact less fun is inflation in the united kingdom hit a milestone, surging to i believe 6.2% last month. the highest in 30 years. what is the driving force behind this high cost of living there >> well, definitely not a fun fact for many families many households and businesses in the uk are struggling with what were calling a cost of living crisis here in the uk prices rose by 6.2% as you said in february. the fastest pace for 30 years. this is dow...

Thats actually higher an economists predicted, and remember the bank of london likes to aim at more than 2% its based on standard goods and services and a look at how much of those increases same time last year. 6.2, thats a new 30-year high theres a couple of key drivers to that. household costs are a big one. the price of fuel, energy, gas and electricity. but also transport costs, the cost of petrol, the cost of diesel actually, the cost of second hand cars as well. this will be extremely con...

Up increase is going to get swallowed up incredibly quickly. they will be helped _ up incredibly quickly. they will be helped by— up incredibly quickly. they will be helped by the measures that the chancellor has already announced and obviously _ chancellor has already announced and obviously if _ chancellor has already announced and obviously if they drive, they will be helped by that petrol cut. it would — be helped by that petrol cut. it would have come out at a percent if they take _ wou...

Supposed to be a full budget, butjust tinkering around the edges isnt going to be enough to help stevie and millions like her. colletta smith, bbc news, at the peace hall in halifax. in the last hour, weve had some breaking news on the latest inflation figures. nina can tell us more. good morning. just a reminder of what inflation is, it is the rate at which prices are rising. in february, it was up 6.2%. that is higher than the predictions of around 5.9%. and it is a big lead, actually, from 5....

Would imagine, coming out of the pandemic, people starting to come back to restaurants. but, actually, you are now being hit by these increases in prices, how significant is it? , ., ~ increases in prices, how significant isit? , ., . ., is it? yes, thank you so much for havin: is it? yes, thank you so much for having me _ is it? yes, thank you so much for having me live — is it? yes, thank you so much for having me live on _ is it? yes, thank you so much for having me live on bbc. _ is it? ye...

Today it hit 6.2% in the 12 months to february, but the chancellor says that is likely to hit an average 7.4% for the rest of the year. and he talked about the uk s growth forecast, which has also been revised down to 3.8%, with mr sunak blaming the conflict in ukraine. he conceded that overall, everyone should be "prepared for the economy and public finances to worsen, potentially significantly." this was backed up by the office for budget responsiblity, which provides independent economic fore...