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BBCNEWS World Business Report July 6, 2024

from 62 to 64. and soggy takeaway! how the red hot food delivery market has started to go cold. a lot to talk about, let s get going. we start in the us where a bitter political fight over the country s finances is about to begin. later today, the federal government will hit its borrowing limit agreed by congress far earlier than expected. the figure? an eye watering $31.4 trillion. in the short term, treasury secretary janet yellen will be able to buy some time, using what are known as extraordinary measures, diverting cash to stop the us defaulting on its debts. but congress will urgently have to find a solution and it is more divided than ever as michelle fleury reports from new york. the debt ceiling or debt limit is the legal amount the american federal government is allowed to borrow. it american federal government is allowed to borrow. allowed to borrow. it has maxed it out faster allowed to borrow. it has maxed it out faster than allowed to borrow. it has ....

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BBCNEWS World Business Report July 7, 2024

kingdom is a country that pays its wa . . kingdom is a country that pays itswa. . , its way. playing catch up. euroe its way. playing catch up. europe braced its way. playing catch up. europe braced for - its way. playing catch up. | europe braced for another its way. playing catch up. - europe braced for another big rise in interest rates as the central bank battle soaring inflation. still losing friends on wall street. matter shares inflation. still losing friends on wall as eet. matter shares inflation. still losing friends on wall as the. matter shares inflation. still losing friends on wall as the owner er shares inflation. still losing friends on wall as the owner of ;hares inflation. still losing friends on wall as the owner of facebook slump, as the owner of facebook instagram suffers slump, as the owner of facebook in stagram suffers eeet ww m» slump, as the owner of facebook in revenues. iffers eeet ww f 7 w.-. . . m7 slump, as the owne ....

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BBCNEWS BBC News July 7, 2024

and wished rishi sunak success. our country continues to battle through a storm. but i believe in britain. i believe in the british people. and i know that brighter days lie ahead. the cost of living crisis continues as many food prices soar some like pasta, tea and cooking oil up by 65% in a year. in our area, there is a lot of people that rely on pensions, rely on benefits, and if they are not supported, businesses won t continue to thrive because there will be nobody to use us. we will bring you more from throughout another momentous day in british politics as mr sunak sax tiago cabinet members he did not want those cabinet and appoints those in the place. already on the way out is business secretary and liz truss supporter jacob rees mogg. also on the way out, you work and pensions secretary, chloe smith. welcome to audiences around the world. rishi sunak has given a speech to the nation before making his way into number ten as prime minister for the first t ....

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BBCNEWS BBC July 3, 2024

Interest rates Going Forward . It is the case that Interest Rates Going Forward . It is the case that it Interest Rates Going Forward . It is the case that it is Interest Rates Going Forward . It 3 the case that it is priced in, Interest Rates Going Forward . It 1 the case that it is priced in, not just lower Interest Rates eventually, we dont have any right now, there is too much pressure still on inflation, but ultimately when you think ab ....

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BBCNEWS Business July 3, 2024

Tokmak june is not a Fait Accompli, or ruled out. Well, a cut in Interest Rates this summer would be welcomed by the government here in the uk which will have to call a general election by the end of the year. But the uks finance minister, chancellor of the exchequerjeremy hunt, says the decision is for the Bank Of England to make and must be independent. These are really finely balanced decisions, but i welcome the fact the Bank Of England has obviously thought about this very hard. They take this decision independently. And i would much rather that they waited until they were absolutely sure inflation is on a downward trajectory than rushed into a decision that they had to reverse at a later stage. What we want is sustainably low
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