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Transcripts For BBCNEWS World Business Report 20240707



prices are rising faster than they have done for a0 years in the uk. the bank of england says the recent increases in energy hills, which are set to be three times more than they were a year ago, will drive inflation the rate at which prices rise even higher, to 13%. uk inflation hit that a0 year high injune, reaching 9.a%. july s figures are released in a few hours and there is a real chance that headline uk inflation could hit double figures. joining me now is liz martins, uk economist, hsbc welcome and it is good to have you on the programme. what do you on the programme. what do you think? do you think we will hit double digits today and if so how significant is that? that is our forecast that we get to exactly 10% year on year injuly and some of our fellow economists don t think it is quite that bad they say nine point 8% perhaps but 9.8, ten, these are incredible figures that even a few months ago we would have found hard to believe. yesterday we had the labou ....

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Transcripts For BBCNEWS The 20240702



instability in the west bank does not continue. that includes making sure that extremist settler violence stops. we as you know if they can steps this week in the united states to impose visa restrictions on it responsible individuals and necessary it will take further action but we have seen some progress there. what more needs to be done to ensure that this extremist violence ends. finally on gaza, it s very important that even as we are focused on what s happening day in, day out, that we are also not only thinking about but working on what comes next up is eagerly building a foundation for a durable peace and durable security. tomorrow we will have a chance to welcome colleagues from around the region here in washington, from the arab league in the organisation of islamic cooperation and i look forward to attending those discussions with them. we had a chance to discuss our approach to the people s republic of china. we are aligned on key challenges that we face in ....

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