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BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

we start with the soaring cost of living — because prices here in the uk are now rising at the fastest rate in a0 years. the annual rate of inflation hit 9% in april — up from 7% in march, driven bya bigjump in energy bills. britain's finance minister, chancellor of the exchequer, rishi sunak is warning of tougher times ahead as pressure grows on him to take action. our economics editor faisal islam has more. when prices rise this fast it hits everyone, the fracture seen on every street, office and household in the country, including in lancashire. she recently ran her business, ...

BBCNEWS World Business Report June 4, 2024 04:39:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:39:00

To turn the economy round in 2020 that was a more robust and rapid response than the european central bank although right now the uk has the highest inflation of the g7 i wouldn't be surprised if we see many eurozone countries catch up many eurozone countries catch up with the uk as it were in six or nine months in terms of high levels of inflation, uk was quick to respond to the lockdown itself, in terms of fiscal and monetary action, two years ago, thereabouts, so wouldn't be surprised if we see a similar situation and the likes of italy, spain and france in the next six to nine months. . , ...

BBCNEWS World Business Report June 4, 2024 04:38:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:38:00

The economy, and more recently, the war in ukraine.— the war in ukraine. so every sinale the war in ukraine. so every single one _ the war in ukraine. so every single one of _ the war in ukraine. so every single one of those - the war in ukraine. so every single one of those factors l single one of those factors with the exception of brexit, everyone else is facing, am i right in saying, that your assessment is that the reason the uk has got the worst inflation of the g7, is the factor everyone else is facing, plus brexit?— plus brexit? basically, yes, other economies _ plus brexit? basica...