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BBCNEWS BBC News September 20, 2024

Change Interest Rates from five percent. The decision, expected at midday, comes after inflation, showing the rise in consumer prices, remained at 2. 2 Per Cent last month. The Central Bank in the united states lowered Interest Rates by half a Percentage Point Yesterday the first cut for more than four years. Lets speak to our Business Correspondent peter ruddick. What is the expectation with the Bank Of England . I knew you will ask me that. I am not a betting man but the one thing we can predict is it is going to be a close decision. The last time the nine Person Committee voted five to four, as close as you can get to cut Interest Rates last time to the 5 level they are now, a quarter of a Percentage Point change. Why will it be so although there is disagreement really among the committee and economic experts about how sticky, how stubborn Inflation
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BBCNEWS Business Today September 20, 2024

Bumper cut the Federal Reserve slashes the cost of borrowing by half a Percentage Point. We take a look at what this says about the us economy. And the Bank Of England are minutes away from telling us whether theyre cutting rates or not. Markets think theyre staying where they are. Welcome to business today. We start in the us, and a big move by the Central Bank in cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a Percentage Point bringing it down to between 4. 75 and 5 . A drop larger than many expected with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed Jerome Powell says the us economy is in good shape and the ....

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BBCNEWS BBC News September 20, 2024

Stop it is a new situation. The stop it is a new situation. The Champions League is the best the Champions League is the best competition in the world so everyone i think is ready, wants so everyone i think is ready, wants to so everyone i think is ready, wants to play, and hopefully it goes wants to play, and hopefully it goes in wants to play, and hopefully it goes in the right direction. Last years Europa League Runners Up Bayer Leverkusen Kick off their Champions League campiagn away at feyenord. After going unbeaten in the bundesliga last season, xavi Alonsos Side have already lost a game this Season But Alonso is relishing being back amongst europes elite. Champions league, it is really special, it is the big one, it is the one that everyone wants to play, and im really delighted we are back in this competition. We have a great, challenging season ahead of us and it is starting here ....

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BBCNEWS BBC News September 20, 2024

In four years. Hello. In the last hour, lebanon has banned Walkie Talkies and pagers from all flights out of the countrys only commercial airport in operation. The move comes after explosions were triggered in pagers and Walkie Talkies used by hezbollah. The attacks killed at least 32 people and injured thousands. Israel hasnt confirmed it was behind the blasts, but its Defence Minister Yoav gallant has said its opening a new phase in the war. The us says its involved in intensive diplomatic efforts to prevent the conflict escalating further. The leader of hezbollah, which some western states have designated a terrorist organisation, is expected to address the events in a speech later today. Simonjones reports. A funeral in Southern Lebanon is about to be in ....

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BBCNEWS BBC News September 20, 2024

In four years. The bbc has been told that Sir Keir Starmer s Chief Of Staff received a Pay Rise after the election which means she is now paid more than the Prime Minister. Sue gray asked for and was given a salary of 170,000 3,000 more than the pm and more than any cabinet minister. 0ur political correspondent, henry zeffman, has more. I knew that there were tensions at the top of government and this Storys Existence in some way from Chris Mason and me attests to those, but my phone has practically blown up in the hours since we published this story yesterday, with people across Whitehall And Westminster who are furious at Sue Gray, keir starmer s Chief Of Staff. And let me explain why. It is not nece ....

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