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BBCNEWS World Business Report June 4, 2024 04:33:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:33:00

Costs of credit cards, loans and mortgages was lifted again to a 13 year high with 1.25%. but as you can see from the charts, even at these post— financial crisis highs, it is still a rather low rate of interest by historic standards and this is why rates are going up and this is why rates are going up because inflation already at a a0 year high of 9% isn'tjust heading for double digits, another bank thinks it could hit 11% in autumn as energy prices and sterlings fall push inflation higher.— inflation higher. where it is difficult as _ inflation higher. where it is difficult as the _ infl...

BBCNEWS Newscast June 4, 2024 20:52:00 - Vimarsana News

BBCNEWS Newscast June 4, 2024 20:52:00

Gone up to 1.25% which compared to many years before, it seems really high. it seems high, the highest since 2009. it's not that high but the fact it has been incremental leap going up since december, and i remember being in darlingtonjust before covid broke and interest rates drop 20.i%, hoping we would all start spending because the economy seem to be slowing down with the fear of this virus — you might not have heard of. at the moment, we know inflation is at 9%, predictions it will go up to io%, ii%. the idea is increase interest rates, look at our bank accounts and say, i don't want to ...

BBCNEWS BBC News June 4, 2024 11:45:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 11:45:00

And rather than protect your jobs, they are actually threatening yourjobs. the headlines on bbc news: the bank of england raises interest rates by a quarter of a percentage point, to 1.25%. the government has published the resignation letter from borisjohnson's former ethics adviser lord geidt, in which he said he had been put in an impossible and odious position. a man confesses to killing a britishjournalist and his local guide in brazil, and leads police to where he buried the bodies. police in brazil say they've found what are thought to be the bodies of a missing britishjournalist and his...

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BBCNEWS BBC News at One June 4, 2024 12:06:00 - Vimarsana News

BBCNEWS BBC News at One June 4, 2024 12:06:00

The mood at westminster had calmed slightly but once again, downing street and the prime minister are facing questions about whether boris johnson was prepared to follow the rules that he has to as prime minister. ., ., rules that he has to as prime minister-— rules that he has to as prime minister. ., ,, , ., , . minister. 0k, thank you very much, nick eardley. _ minister. 0k, thank you very much, nick eardley, there. _ the bank of england has raised interest rates for the fifth time in a row. the base rate is going up a quarter of a percentage point — to 1.25% — its highest level in 13...

BBCNEWS Breakfast June 4, 2024 06:12:00 - Vimarsana News

BBCNEWS Breakfast June 4, 2024 06:12:00

May ask, why put up the cost of borrowing and so many households are facing _ borrowing and so many households are facing pressure on their budgets and so many— facing pressure on their budgets and so many ways. ——? it is all to do with— so many ways. ——? it is all to do with inflation, _ so many ways. ——? it is all to do with inflation, currently at 9% of the uk — with inflation, currently at 9% of the uk. the rate at which average prices _ the uk. the rate at which average prices for— the uk. the rate at which average prices for goods and services are going _ prices for g...

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