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Transcripts For BBCNEWS The 20240704

In the year tojuly. Competition among renters is pushing the prices up with as many as 20 requests to view each available property, up from six in 2019. Data shows there was a 5. 5 increase in rents in london this was the sharpest increase in rent since 2006, and thats despite london being the only region where house prices had fallen. In scotland the average rent was up 5. 7 ina year. And there was an even bigger rise for tenants in wales up 6. 5 . Ben twomey, the chief executive of generation rent, hejoins me now from london. Thank you for coming on the programme. What do you make of those numbers . , ,. ,. , numbers . Sadly, its not a huge Surrise Numbers . Sadly, its not a huge surprise that numbers . Sadly, its not a huge surprise that we numbers . Sadly, its not a huge surprise that we are numbers . Sadly, its not a huge surprise that we are seeing numbers . Sadly, its not a huge| surprise that we are seeing rents going up. Forso surprise that we are seeing rents going up. For s

Transcripts For BBCNEWS The 20240704

He will release his own 100 page report on what he calls the stolen georgia election, two pages bigger than the charge sheet against him and his 18 accomplices. And well tell you how the us Treasury Secretary came to accidentally eat Magic Mushrooms while on a visit to china. First a Welcome Development here in the uk. Inflation fell sharply to 6. 8 injuly, from 7. 9 injune. But it still means prices continue to rise. Prime minister rishi sunak says it shows his governments plan is working, but he cautioned against complacency. The drop was fuelled by lower energy costs. But Core Inflation which looks at price rises excluding food and energy remained unchanged. According to the office of national statistics, the rising costs of hotels, air travel, and rents are among the costs keeping inflation high. Economists are still expecting Interest Rates the tool used by the Bank Of England to control price rises to be raised further. Our economics editor faisal islam reports. The heat may be c

Transcripts For BBCNEWS The 20240704

First a Welcome Development here in the uk. Inflation fell sharply to 6. 8 injuly, from 7. 9 injune. But it still means prices continue to rise. Prime minister rishi sunak says it shows his governments plan is working, but he cautioned against complacency. The drop was fueled by lower energy costs. But Core Inflation which looks at price rises excluding food and energy remained unchanged. According to the office of national statistics, the rising costs of hotels, air travel, and rents are in Part Keeping Inflation high. Economists are still expecting Interest Rates the tool used by the Bank Of England to control price rises to be raised further. The bbc s economics editor faisal islam has more. The heat may be coming out of rising prices at supermarkets and convenience shops, and that can be seen, for example, in milk prices on the shelves of this shop in walsall. Overall they are still rising, butjust by less than they were. This area was, originally, about two months ago, all a pound

Transcripts for BBCNEWS The Context 20240604 19:01:00

first a welcome development here in the uk. inflation fell sharply to 6.8% injuly, from 7.9% injune. but it still means prices continue to rise. prime minister rishi sunak says it shows his government s plan is working, but he cautioned against complacency. the drop was fueled by lower energy costs. but core inflation which looks at price rises excluding food and energy remained unchanged. according to the office of national statistics, the rising costs of hotels, air travel, and rents are in part keeping inflation high. economists are still expecting interest rates the tool used by the bank of england to control price rises to be raised further. the bbc s economics editor faisal islam has more. the heat may be coming out of rising prices at supermarkets and convenience shops, and that can be seen, for example, in milk prices on the shelves of this shop in walsall. overall they are still rising,

Transcripts for BBCNEWS The Context 20240604 20:01:00

he will release his own 100 page report on what he calls the stolen georgia election, two pages bigger than the charge sheet against him and his 18 accomplices. and we ll tell you how the us treasury secretary came to accidentally eat magic mushrooms while on a visit to china. first a welcome development here in the uk. inflation fell sharply to 6.8% injuly, from 7.9% injune. but it still means prices continue to rise. prime minister rishi sunak says it shows his government s plan is working, but he cautioned against complacency. the drop was fuelled by lower energy costs. but core inflation which looks at price rises excluding food and energy remained unchanged. according to the office of national statistics, the rising costs of hotels, air travel, and rents are among the costs keeping inflation high. economists are still expecting interest rates

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