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Transcripts For BBCNEWS BBC 20240704

According to the british retail consortium, Food Inflation fell last month to 13. 4 thanks to the lower cost of staple goods like oils, breakfast cereals, fats and fish. Heres our Business Correspondent emma simpson. It may not feel like it but the worst of food price rises could now be over. Grocery bills, though, are still way too high for many shoppers. Like, before you can just walk in with £10 and get a lot of things but now even £10 cant even buy what you actually want to buy. I mean, at the moment im ok but i guess im very lucky. But if it increased any more, just like Mortgage Rates as well, just like, yeah, the whole things going up, isnt it . Instead of Buying Luxuries now i buy the basics. Todays
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Transcripts For BBCNEWS Verified 20240704

1096 quite comfortably. I eventually . Eventually, they reached 1096 quite comfortably. I think eventually . Eventually, they reached 1096 quite comfortably. I think was i 10 quite comfortably. I think was about 14 or so. They were looking for 1,000 registered voters here in the constituency to sign that petition, and in the end, they surpassed that in a straightforward manner. What it means is that there will be a by election for the people here in rather glenn and nearby hamilton glass rotherglen. Its almost three years since Margaret Ferrier built those rules by speaking in parliament when she was waiting for the results of a covid test. When i came back positive, rather than isolating, Shejumped On The came back positive, rather than isolating, she jumped on the train and came back up here to scotland. The consequences have been far reaching. She was arrested by polic ....

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Transcripts For BBCNEWS Breakfast 20240704

Our reporter ben king has the details. When drinkers gather at londons King Charles Pub this evening, there will be a new tax regime in place. Changes announced in March Come Into Effect today taxing stronger drinks more and weaker drinks less. At the same time, Alcohol Duties rise with inflation up by io. I . The result a complex series of changes. 12 sparkling wine will be i9p cheaper as higher rates for fizz are abolished. A can of pre mixed gin and tonic will be 5p cheaper. But a bottle of 12 still wine will rise 44p. A bottle of vodka up 76p and a bottle of 20 port up £1. 30. So among drinkers, there will be some winners and losers. But the wine and spirits industry, which sees many of its products hit with higher taxes, says customers will see higher prices and less choice. We have the biggest duty incre ....

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Transcripts for BBCNEWS BBC News 20240604 04:02:00

In price exponentially. and of course, we have very long supply chains, and post covid transportation has become much more expensive. so it s bad news all round for businesses and i m afraid for consumers as well who are going to feel the heat. now, to support pubs which have been hit by the pandemic and rising prices, draught drinks are largely protected from the duty rises that other drinks are seeing, which means that you should pay up to £11 less duty on a pint of beer bought from a pub than you would pay on the same pint from a supermarket. these duty changes are welcome. they hopefully will make for a fairer system. recognising lower strength products should receive lower duty. however, there is still an increase overall for the beer category for your bottles and your cans. they will be going up 10.1%. and unfortunately, that costs the industry some 225 million. the government says it wants to simplify the alcohol tax system while protecting producers in pubs, but it has to rais ....

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Transcripts for BBCNEWS Breakfast 20240604 06:02:00

In almost 50 years at the same time as we have inflation rife and a cost of living crisis. on top of that, we have raw materials like glass that are increasing in price exponentially and, of course, we have very long supply chains, and post covid transportation has become much more expensive. so it s bad news all round for businesses and, i m afraid, for consumers, as well, who are going to feel the heat. now, to support pubs which have been hit by the pandemic and rising prices, draught drinks are largely protected from the duty rises that other drinks are seeing, which means that you should pay up to 11p less duty on a pint of beer bought from a pub than you would pay on the same pint from a supermarket. these duty changes are welcome. they hopefully will make for a fairer system, recognising lower strength products should receive lower duty. however, there is still an increase overall for the beer category for your bottles and your cans. they will be going up 10.1%. and, unfortuna ....

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