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Transcripts For BBCNEWS BBC News 20240706

two weeks since nicola bulley disappeared whilst walking her dog in lancashire. now the police are extending their search downstream. and 10,000 tickets to a concert to mark the king s coronation in may are on offer via a ballot. the uk saw no economic growth in the final three months of last year according to the latest official statistics released this morning. it means the country narrowly avoided what s defined as a recession two consecutive quarters when the economy shrinks. the government says it shows the uk was more resilient than expected, after the bank of england had warned of a long period of stagnation. but the economy did shrink by 0.5% in december, and business leaders warn that firms are still struggling. the chancellor, jeremy hunt, says there is reason for optimism. well, the fact that we have avoided a recession, in fact we were the fastest growing major country last year, shows there is underlying resilience in the uk economy. but we are not out of the w

Transcripts for BBCNEWS BBC News 20240604 09:50:00

haven t heard from the conservatives as a single idea of how to grow the economy. flan as a single idea of how to grow the econom . ., as a single idea of how to grow the econom . . ., ,~ as a single idea of how to grow the econom . . ., a i. ., , as a single idea of how to grow the econom. . ., ., , ., economy. can i ask you finally about inflation? the economy. can i ask you finally about inflation? the chancellor economy. can i ask you finally about inflation? the chancellor said - economy. can i ask you finally about inflation? the chancellor said that l inflation? the chancellor said that was the central economic concern. what would be labour s plan to tackle that? the government have said they can t afford to pay public sector and other workers more money, because that would be inflationary. do you agree with that position? iovate do you agree with that position? we have do you agree with that position? - have to see, when we come into government, hopefully when we win the ne

Transcripts for BBCNEWS BBC News 20240604 09:38:00

of months, both for inflation and growth, is energy bills. it s going up, the energy guarantee, do your plans, to £3000. you are also getting rid of the £a00 support. that could be almost 50% increase in domestic energy bills for two or three months, at a time when you have benefited by tens of billions of pounds from the fall in the energy price. why don t you stop the rise in those energy bills, and help inflation, and help households? indie inflation, and help households? we know inflation, and help households? - knowjust how tough it is for many people dealing with these huge spikes in their energy bills. and thatis spikes in their energy bills. and that is why we are giving about £3500 for the average family this year and last, to help with those pressures, absolutely unprecedented support. we always look at what else we can do. we also have to be responsible with public finances, because if we are not, we willjust see interest rates going up, and people will face a different k

Transcripts for BBCNEWS BBC News 20240604 09:36:00

of a long period of stagnation. but the economy did shrink by half of 1% in december, and business leaders warn that firms are still struggling. the chancellor, jeremy hunt, says there is reason for optimism. 0ur economics editor, faisal islam, asked the chancellor if the figures came as a relief. welcome i think it does show there is underlying resilience in the economy, and the fact that we grew faster than any other major economy last year shows that the situation is better than some people feared. but we still have a big issue with inflation, we are by no means out of the woods. that is why the most important thing we can do to help families up and down the country that i worried about the cost of their shopping bill is to stick to our plan to halve inflation. that is also important for businesses worried about high interest rates. then we believe we have tremendous growth prospects, if we play to our

Transcripts for BBCNEWS BBC News 20240604 09:37:00

strengths in science and technology. we think that we have the chance to be one of the fastest growing in europe. be one of the fastest-growing in euroe. ,, x be one of the fastest-growing in euroe. ,, w ., be one of the fastest-growing in euroe. ,, ., , europe. sticking to the fastest urowth in europe. sticking to the fastest growth in the europe. sticking to the fastest growth in the g7, europe. sticking to the fastest growth in the g7, a europe. sticking to the fastest growth in the g7, a lot - europe. sticking to the fastest growth in the g7, a lot of- europe. sticking to the fastest growth in the g7, a lot of that| europe. sticking to the fastest - growth in the g7, a lot of that was pandemic rebound. the situation at the end of december, with the falling monthly gdp, is it not quite concerning, going into 2023? do you think we can avoid recession in 2023 now? ., , think we can avoid recession in 2023 now? . , ., ., now? that is not what the forecasters now? that is not w

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