BBCNEWS World July 5, 2024
prices will stay high for longer. and we take a look at the biggest deal in golf, ahead of a us senate hearing into the pga—liv merger. welcome to world business report. let's start here in the uk where the government is facing another big setback in its battle against inflation. new data show that average wages have risen at a record annual pace of 7.3% in the march to may period, compared with the same period last year. british headline inflation is running at 8.7%, staying higher for longer than many had forecast. and there are concerns that after 13 consecutive interest rate ri...