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BBCNEWS World July 4, 2024

Increase wont come. Lets not forget that yesterday we heard that average uk wages were rising at their fastest pace in 20 years. Joining me now is Neil Shearing group Chief Economist at capital economics. Thanks very much for being with us today. Clearly it is pretty good news, but is it happening fast enough, oras news, but is it happening fast enough, or as fast as we had hoped . The fall in the Headline Rate of inflation, as you say, thats going to be welcomed by the Bank Of England. It takes a bit of pressure off them. But when you start to dig into the details of this report, i think perhaps there is still some uncomfortable reading there for the policymakers of the bank. As you mentioned, a lot of the fall in the
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BBCNEWS Verified July 4, 2024

More of their essentials at walmart, according to the companys results for the three months to the end ofjuly. The worlds biggest retailer is using its reputation for lower prices to attract consumers looking to buy anything from food to school shoes. Walmart s net income for the quarter jumped by about 33 to nearly 8 billion. Lets get more now with Michelle Fleury in new york. Great results then for walmart others rivals havent fared so well. Whats the secret . Imean, i mean, they are known as a low cost grocer, the worlds biggest retailer proving once again their ability to attract shoppers at a time when they are facing a great deal of pressure financially in terms of higher prices, but in terms of higher Interest Rates which have made Lending Conditions tougher. I think that really has helped walmart through thi ....

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BBCNEWS BBC July 4, 2024

In the trump administration. Some of the accusations against Mrtrump Trump include violating georgias racketeering act racketeering is a type of organised crime where someone profits through dishonest or illegal activities. Athhe ex president s also accused of soliciting the violation of oath by a public officer. And making false statements and filing false documents. Reminder that these charges are all in connection to accusations of Election Meddling by trump. Earlier, i spoke with bbc reporter Kayla Epstein who has been following the events from the courthouse in georgia. Thanks forjoining us. We saw last night the District Attorney has given the 19 defendants until mate august 25 to surrender. Hes been outside the court all day. Have any of them turned up y ....

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BBCNEWS Verified July 4, 2024

10 15pm on the 13th Of August on sunday, those two men were standing outside the nightclub, in south london, they were approached police say by a man who attacked them with a knife before running away. Both men are in their 20s or 30s, they were taken to hospital for treatment and have since been discharged, there has been no officers, officers are following up leads, they are crucial in the Ongoing Investigation what they described as a homophobic attack of the two men. We will of course have more on that story as we get it but now lets go to tie and write for the business news. Lets start with china. Weve had some worrying data this week fuelling fears about the health today, Property Prices fell for the first time this year due to flagging demand house prices fell by 0. 1 injuly, compared with the same month l ....

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BBCNEWS The July 4, 2024

First a Welcome Development here in the uk. Inflation fell sharply to 6. 8 injuly, from 7. 9 injune. But it still means prices continue to rise. Prime minister rishi sunak says it shows his governments plan is working, but he cautioned against complacency. The drop was fueled by lower energy costs. But Core Inflation which looks at price rises excluding food and energy remained unchanged. According to the office of national statistics, the rising costs of hotels, air travel, and rents are in Part Keeping Inflation high. Economists are still expecting Interest Rates the tool used by the Bank Of England to control price rises to be raised further. The bbc s economics editor faisal islam has more. Th ....

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