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BBCNEWS World Business Report July 6, 2024

and 48 hours to come up with the next generation of video games. we ll be hearing from the man behind the global gamejam. hello there. we start here in the uk, where the bank of england has raised the cost of borrowing for the tenth time in a row. the half a percent rise puts uk interest rates at 4%, their highest level in more than 1a years. a bonus, of course, for savers, but it piles more pressure on businesses and those with mortgages, loans and credit card debt. the good news is that the bank now thinks the uk s recession will be shorter and less severe than it previously thought, and there s a hint that rates may not have to go any higher. but a recovery could take years as our economics editor faisal islam reports. the squeeze continues. an official interest rate of 4% should not feel huge, but it does, and notjust here in nuneaton, forjoanne, who runs a furniture and gift shop. the mortgage a furniture and gift shop. the mortgage on a furniture and gift sh ....

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BBCNEWS BBC News July 6, 2024

the energy regulator ofgem has asked suppliers to pause the forced installation of prepaid metres. it follows revelations that a debt collection company working for british gas broke into the homes of vulnerable people to install the metres. prepayment metres require customers to pay for their energy in advance. it s more expensive than paying by direct debit, but are sometimes the only option for people who have struggled to pay and are in debt to a supplier. ben king has more. an undercover reporter from the times newspaper joined a team of debt collectors, entering the home of a single father with three young children. they count as vulnerable. but, these workers from arvato financial solutions, working for british gas, opened the door and installed a prepayment meter anyway. installing prepayment meters by force is legal, but it s meant to be a last resort, and should not be done to vulnerable households. if people cannot afford to top up the meters, they will be le ....

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BBCNEWS BBC News at One July 6, 2024

terminating in west london rather than the heart of the capital. a record fine for a hospital trust in nottingham after the mistakes that lead to the death of a baby, shortly after her mother gave birth. these criminal proceedings are designed to act as a punishment and a deterrent. no financial penalty will ever bring wynter back. appeals for calm in memphis tennessee, after the death of a black man who d been stopped by police: five officers have been charged with his murder. and the holocaust survivor who s turned to tiktok to teach a new generation about the horrors of the nazi death camps. and coming up on the bbc news channel: former burnley boss sean dyche is set to be named as everton s new manager following frank lampard s sacking earlier this week. good afternoon and welcome to the bbc news at one. the chancellor, jeremy hunt, has been defending the government s record on economic growth. in a speech this morning, he said there s too much gloom about the econo ....

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BBCNEWS BBC News July 6, 2024

a chinese surveillance balloon was detected above montana. the government has abandoned plans to house asylum seekers in a pontins holiday park on merseyside. and a warm welcome in south sudan for pope francis, as he continues what s described as a pilgrimage for peace in africa. hello. good evening, welcome to bbc news. lancashire police say they believe that nicola bulley, who went missing while walking her dog, most likely fell into the river wyre. the mother of two, who s a5, was last seen a week ago in st michael s on wyre. air and underwater drones, helicopters, police divers and dogs are being used in the search. we can speak now to our reporter rowan bridge, who joins us from that area. more than a week since her family have seen her, a desperate story. explain more about what the police are saying. explain more about what the police are sa inc. , explain more about what the police are sa in. , explain more about what the police aresa inc. , , are saying. yes, i ....

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BBCNEWS BBC News July 6, 2024

here s louise lear. hi there. we quite literally have had everything bar the kitsch sink so far this march. it is often nope as the transition from winter into spring and it can be turbulent so i want to start off with a snapshot of newcastle throughout the week, this could be any city across the country, and look at this roller coaster ride. today mild wet and windyer tomorrow the cold air is set to return, we could see further wintry showers and then mild wet and windy by the time we head towards the weekend. what an earth is going off? well, at the moment this is frontal system is the dividing line between very mild and very windy weather down to the south and some what colder with a northerly component returning and pushing down from scotland, that is going to move steadily southwards as we go through the remendser of day. yes it is rain and snow, across scotland, at the moment, it is a showery mix, some of the showers sharp, across england and wales, and northern i ....

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