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BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

this is the business stories from around the world, and i will try and pronounce that correctly in a let's start with a stark warning from the governor of the bank of england. andrew bailey has warned the uk and many other countries are facing apocalyptic food prices, due to supply problems caused by the war in ukraine. bailey warned inflation could hit 10% by the autumn, well above the central bank's 2% target. uk inflation is currently at 7%, which is its highest level in 30 years. another sign of the rising cost of living was shown at petrol pumps yesterday, with one litre of dies...

BBCNEWS World Business Report June 4, 2024 05:31:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 05:31:00

It's a very busy day today for economic data accross the world. let's start first in the uk where the latestjob numbers will be released shorlty. the uk is currently the only major economy to see a continued rise in the number of economically inactive people post—pandemic. getting the over—50s back into the work place and forcing those unemployed to reskill in order to get a job are just two measures being considered by the uk government to reduce unemployment. the bank of england will be closely monitoring the latest jobs figures when considering the next interest rate decision. joining m...

BBCNEWS World Business Report June 4, 2024 04:45:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:45:00

Wage hike to the consumer. joining me now is chris gray, who's the director of manpower uk. thank you forjoining us. that is the challenge, isn't it? prices are rising, we know that, so there is pressure on employers to raise wages, but, at the same time, people don't want to pay higher prices in the shops, so how do you square that circle? it is making employers as creative as they can be. obviously, the passing on of the actual wage cost is the challenge, but i think the creativity comes from looking at nonwage benefits, seeing where employers can offer greater flexibility, where employers c...

BBCNEWS World Business Report December 14, 2021 05:38:00 - Vimarsana News

BBCNEWS World Business Report December 14, 2021 05:38:00

Virtual working, have most definitely got something over hybrid working let alone on—site working but employers are having to speed up the recruitment process, they are having to speed up the offer process, get those candidates as quickly as possible and offer flexibility with empathy at the same time. irate offer flexibility with empathy at the same time.— offer flexibility with empathy at the same time. we will have to leave it _ at the same time. we will have to leave it there _ at the same time. we will have to leave it there but _ at the same time. we will have to leave it there but c...

BBCNEWS World Business Report December 14, 2021 05:34:00 - Vimarsana News

BBCNEWS World Business Report December 14, 2021 05:34:00

Do pay more than we pay the staff that we have in our warehouse, as a little bit of compensation for the working environment.— environment. keeping fewer rooms epen. _ environment. keeping fewer rooms open, delaying - environment. keeping fewer- rooms open, delaying deadlines, failing to expand all consequences of not having enough people. increasing wages can impact prices more generally, putting more pressure on family budgets. nina warhurst, bbc news. joining me now is chris grey, director of manpower uk. chris, good to speak to you this morning. many experts were anticipating high unempl...