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Transcripts For BBCNEWS World 20240703

With not enough young people prepared to take up the craft. We start here in the uk with a warning that soaring Interest Rates could be increasing social inequality and widening the gap between the haves and have nots. Thats according to one of the bank of englands Policy Makers who has been speaking exclusively to the bbc. Dr Swati Dhingra has been on the Banks Monetary Policy Committee since august of last year, and has voted against raising Interest Rates at seven of its last nine meetings. It comes as official figures out shortly are expected to confirm the Uk Economy Stagnated in august, after a surprise decline onjuly. Dr dhingra suggests the steep rise in Borrowing Costs could be pushing the uk into recession as she explained to our chief economics correspondent, dharshini david. The reason why the rates have been raised is because of the kind of price increases we are seeing which is energy and food. Those will typically contact poorer people more and the Interest Rate also typ

Transcripts For BBCNEWS BBC 20240703

Welcome to bbc news. Im lukwesa burak. We start with the latest on the israel gaza war. Theres growing diplomatic pressure to find ways to get food and other essential aid into gaza and civilians out in the face of israeli bombardments in retaliation for the attacks by hamas. The group, which is designated as a Terror Organisation by many western governments including the uk, launched the assault on saturday. These are the main developments on day six of the conflict. The United Nations says more than 338,000 people have been forced to flee their homes in gaza, stressing essential food, fuel and water must reach the enclave. The israeli Prime Minister, benjamin netanyahu, has established a National Emergency government with Opposition Leader benny gantz. It comes as israel continues its mass mobilisation of troops. Hundreds of thousands are on the southern border with gaza. President biden says hes told mr netanyahu that israel must abide by the rules of war in its fight against hamas.

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