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BBCNEWS Breakfast June 4, 2024 07:06:00 - Vimarsana News

BBCNEWS Breakfast June 4, 2024 07:06:00

Average. now, some places have fared better than others, actually, places that are easier to get to car like retail and big shopping malls did a bit better. based on numbers go up. but in city centres and high streets, the numbers of shoppers were down. and even if you set aside the impact of the strikes and the cold weather, the effect of the rising cost of living, we found out this week that inflation is a 10.7%, average prices rising sharply. that means if you spent £100 on various things last christmas, those same things last christmas, those same things on average this year would cost yo...

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BBCNEWS World Business Report June 4, 2024 05:32:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 05:32:00

But it's good news of course for people with savings. and here's what's driving it. inflation is close to a ao—year high. some good news though on wednesday — official figures showed the annual rate of price increases here in the uk slowed to 10.7% in november — down from 11.1% in october. that's raised hopes that inflation may have peaked — and the end could be in sight for interest rate rises. also on wednesday, the world's most powerful central bank — the us federal reserve — raised its main interest rate for a fourth time — but with a smaller rise of 0.50% this time. in the u...

BBCNEWS Breakfast June 4, 2024 07:39:00 - Vimarsana News

BBCNEWS Breakfast June 4, 2024 07:39:00

Is at 10.7% which is far higher than the bank of england target. the fact is that the pay offer that is on the table means that anyone who works as a nurse in the nhs will be worse off if they accept that. t a nurse in the nhs will be worse off if they accept that.— if they accept that. i have set out wh we if they accept that. i have set out why we cannot — if they accept that. i have set out why we cannot accept _ if they accept that. i have set out why we cannot accept 1996. - if they accept that. i have set out why we cannot accept 1996. we i if they accept that. i have set out l why w...

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BBCNEWS BBC News June 4, 2024 12:11:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 12:11:00

The exchequerjeremy hunt, both men pointing towards the motion that inflation may well have peaked with that number yesterday showing it coming down from a high of over 11% tojust over 10.7%. still very coming down from a high of over 11% to just over 10.7%. still very high by the standards of the uk, by the target given to this institution of 2%, but coming down nonetheless in over two to three years and expected to go well below target of 2%. the government _ to go well below target of 2%. the government talks about its priority of bringing down inflation, what we see here is the mechanism b...

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BBCNEWS BBC News June 4, 2024 13:42:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 13:42:00

Had an exchange of letters between the governor, andrew bailey, and the chancellor of the exchequer. both men pointing towards the notion that inflation may well have peaked with that number yesterday, showing it coming down from a high of over 11%, tojust over 10.7%. still very coming down from a high of over 11%, to just over 10.7%. still very high by the standards of the uk, by the target given to this institution of 2%, but coming down nonetheless. and oh expected to go well below target. our economics editor. i know it is time for bbc news across the uk. thousands of nurses are taking par...