BBCNEWS World July 6, 2024
if you have just joined if you havejustjoined us it is time for the top business stories. we start here in the uk — where — in the next few hours the bank of england is widely expected to raise the cost of borrowing for the twelfth time in a row. the quarter—percent rise most economists are predicting would take the bank's main interest rate to 4.5% — the highest it has been in almost 15 years. the big question though — will it be enough to start to get inflation, which is still running at more than 10% a year, under control? let's speak to katharine neiss — she has held ...