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Transcripts For BBCNEWS World Business Report 20240706

we start here in the uk where investors are now betting the cost of borrowing will have to keep rising because inflation remains stubbornly high. that s despite a pledge by the government to bring it down, and a barrage of interest rate rises by the bank of england attempting to get it under control. just a few weeks ago, we were assuming that after 11 increases in a row, the bank would not have to raise rates much further. but on wednesday, there was a major rethink on financial markets, which are now pricing in three more rises this year, with rates hitting 5%. here s why. prices in the uk are still rising much too fast, with inflation at 10.1% in the year to march. that s a bit less than the 10.4% recorded in in february, but was still much higher than expected. economists were predicting inflation would fall into single figures. one of the biggest factors the soaring cost of food and drink. it s up over 19% in the past year. it s the fastest rise in 45 years a ....

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Transcripts For BBCNEWS Breakfast 20240706

for the first time. good for the first time. morning from hampton court palace. good morning from hampton court palace. we are here for the tulip festival. look at this fabulous sunrise. for many, a cold start, but dry and sunny with rain in the south east later. all the details throughout the programme. it s thursday, the 20th of april. our main story. there needs to be a major overhaul of regulation to prevent the horrific abuse of disabled children in residential care, according to a new report. the child safeguarding practice review panel described the current system of inspections as not fit for purpose and has made a series of recommendations. it follows an investigation into abuse at three homes in south yorkshire last year. sanchia berg reports. disabled children living in these doncaster homes experienced systematic and sustained abuse for at least three years, according to the expert panel s first report. they found evidence of physical abuse, sexual harm, violence ....

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Transcripts for BBCNEWS Breakfast 20240604 05:00:15

Transcripts for BBCNEWS Breakfast 20240604 05:00:15
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