BBCNEWS World Business Report June 4, 2024 05:31:00
We'll start here in the uk, where the cost of living is increasing at its fastest rate in a0 years, largely as a result of rising food and energy prices. the latest data shows that uk consumer price inflation was 10.1% in september. and later today we'll get the numberfor october. in response, the bank of england has increased interest rates to 3%, the biggest hike in more than three decades. our economics correspondent andy verity has been looking into the pressures of rising prices. at this environmentally friendly pub in gloucestershire the ingredients are not getting any cheaper. not that ...