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very quickly and first time buyers are saying, should we take a mortgage or should we spend the rent and lose the money? and parents are helping the first time buyers, so the lower end is propping everything else up. but the bank of england hopes that raising interest rates will bring down demand in the wider economy as it tries to slow the rise in the cost of living just enough without causing a period of decline. hannah miller, bbc news. rising interest rates, the wet weather and industrial action on the railways are thought to be behind a reduction in the number of people visiting high street shops, retail parks and shopping centres last month. the analysis firm, springboard, says it is the first time since 2009 that footfall has gone down between june and july. our business correspondent emma simpson has more. it's turning into a soggy old summer.
literally in many ways. not only have we had a huge amount of rain, but also we had an overtime ban on rail, which has limited people's ability to make trips. and then, of course, the rise in interest rates that we've seen recently has started to really hit home injuly. the weather at least looks set to improve by the end of august. for many high street businesses that can't come soon enough. emma simpson, bbc news. former us president donald trump is due to appear at a court in washington dc later, after he was criminally charged with plotting to overturn his defeat in the 2020 presidential election. the indictment says the former president knew he was lying when he claimed there was voter fraud. mr trump says the case is timed to interfere with next year's presidential bid. the uk's head of counter—terrorism policing has told the bbc that about 20% of those arrested for terror—related offences last year were under the age of 18. three years earlier,
and lose the money? and parents are helping the first time buyers, so the lower end is propping everything else up. but the bank of england hopes that raising interest rates will bring down demand in the wider economy as it tries to slow the rise in the cost of living just enough without causing a period of decline. hannah miller, bbc news. interest rates having an impact on high streets as well? last month there was a fall in the number of people visiting high street shops, retail parks and shopping centres. the analysis firm, springboard, says it is the first time since 2009 that footfall has declined between june and july. rising interest rates, the wet weather and industrial action on the railways are thought to be responsible. our business correspondent emma simpson has more. it's turning into a soggy old summer. and when the weather's grim, that's not great for our high streets. here in london's most
on rail, which has limited people's ability to make trips. and then, of course, the rise in interest rates that we've seen recently has started to really hit home injuly. the weather at least looks set to improve by the end of august. for many high street businesses that can't come soon enough. emma simpson, bbc news. former us president donald trump is due to appear at a court in washington dc later, after he was criminally charged with plotting to overturn his defeat in the 2020 presidential election. the indictment says the former president knew he was lying when he claimed there was voter fraud. mr trump says the case is timed to interfere with next year's presidential bid. the uk's head of counter—terrorism policing has told the bbc that about 20% of those arrested for terror—related offences last year were under the age of 18. three years earlier, that figure stood at just 4%. the met police assistant commissioner mattjukes put the rise
the medicine, the tough rate rise medicine does appear to be having an impact in terms of draining inflationary pressure away from the system. you put that altogether and you a picture of rates may not have further to go up now, maybe another rise in september but they may stay about this level, above 5%, longer than people expect.— than people expect. thank you for now. thousands ofjobs are at risk after the high street retailer wilko announced it is facing collapse. the homeware store said it's been experiencing "mounting cash pressures". our business correspondent emma simpson is at a store in west london. how has it come to this? it is a discount chain on the brink of collapse, just at a time when people really want bargains. good question. this is a family _ really want bargains. good question. this is a family owned _ really want bargains. good question. this is a family owned business, - really want bargains. good question. this is a family owned business, it i this is a family owned business, it started with a single hardware store
in 1930. it now has some 400 shops and 12,000 workers. but some of its problems are self—inflicted. last year, it was struggling to get stock, leading to empty shelves. some of its shops are now in the wrong place, as high streets have changed and that has hit footfall. and there is much more competition these days at the value end of retail, including the likes of b and m and the range and like other retailers, its costs have gone up and importantly, it was having to pay some suppliers upfront for the stock and that hit all important cash flow. it has now filed a notice to appoint administrators, a move which gives it some breathing space to try to work out a rescue deal for a chain that an awful lot of people have affection for. it has got a significant amount of interest, it says but it must be worrying for workers. . ~ says but it must be worrying for workers. ., ,, , ., ., says but it must be worrying for workers. ., ,, i. ., ,, , workers. thank you, emma simpson, there. questions have been raised about security, after greenpeace activists managed to scale the prime minister's house in his yorkshire constituency.
insurance, especially because of the uncertainty and increased volatility that they'll all be experiencing with travel and any travel company that isn't thinking about their insurance policies and in general thinking about the implications of climate change and the impact it's going to have on the destinations in which they operate, they are going to face a pretty rude awakening. well, over to the uk where food prices in the country are rising at its lowest rate since last december. as our business correspondent emma simpson explains, even though the food and the shops are still more expensive compared to a year ago, there is some hope. would you like the grapes? they're buying, but they're also watching the pennies and at this fruit and veg stall in high wycombe, they used to charge a pound a bowl. it's 1,50 now, although some items are coming down. they're still customers who come along and say, really? because they haven't noticed. we actually bought some
that down to. consumers are trying to cope by changing what they buy in the aisles, but the financial pressures are so great. one recent survey finds some have been running out of food and overall grocery prices are still going up. it's just that they're not going up quite as fast as before. emma simpson, bbc news. in this edition of ceo secrets, tasty snacks at the ministry of diskettes. take a look.- tasty snacks at the ministry of diskettes. take a look. what is amazinu diskettes. take a look. what is amazing about _ diskettes. take a look. what is amazing about biscuits, - diskettes. take a look. what is amazing about biscuits, i - diskettes. take a look. what is amazing about biscuits, i think| amazing about biscuits, i think of them is a blank canvas on which you can create any beautiful design. they are artists and it is a design business. my secret success is
unfortunately, the bank of england probably still have to press ahead with higher interest rates on thursday. services inflation still is far too high relative to their target, and so they need to squeeze the economy a bit harder to get that down to. consumers are trying to cope by changing what they buy in the aisles, but the financial pressures are so great. one recent survey finds some have been running out of food and overall grocery prices are still going up. it's just that they're not going up quite as fast as before. emma simpson, bbc news. and finally, american singer lizzo and her production company have been sued by three former dancers over allegations of sexual harassment and the creation of a hostile work environment. the lawsuit also listed several racial and religious harassment claims over several incidents between 2021 and 2023. the dancers also say that lizzo, known as an advocate for body positive images, criticized dancers recent weight gain and eventually fired them for recording a meeting.
about this in the future again, with when they travel. so it really we could see a shift in seasonality when those high seasons become most important. and again, another big factor, too, is is also overtourism. i think this has been in the short term, one of the biggest factors on changes in travel patterns. and increasingly we're seeing travelers looking for more secondary or kind of less popular destinations or going during off season times to have a better experience. well, over to the uk where food prices in the country are rising at its lowest rate since last december. as our business correspondent emma simpson explains, even though the food and the shops are still more expensive compared to a year ago, there is some hope. would you like the grapes?