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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 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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BBCNEWS BBC News Now September 20, 2024

This is bbc news, the headlines. At least 32 killed in lebanon after two days of exploding Device Attacks targeting hezbollah. Pagers and walkie talkies have been banned from flights out of beirut. Israel widely believed to be behind the attacks has announced what it calls a new phase in The War the United States is urging calm. The bbc reveals that the former Harrods Boss the late Mohamed Al Fayed has been accused of rape by five female ex employees. Evacuations in Northern Italy as Storm Boris batters the country causing severe flooding and landslides. And in the uk calls for urgent Maternity Service Reform after two thirds of hospitals inspected fail to meet safety standards. The bbc has revealed that the late Mohamed Al Fayed former owner of harrods, the uks largest Luxury Department Store has been accused of rape by f ....

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BBCNEWS Business Today - NYSE Opening Bell September 20, 2024

I m ritika gupta. Welcome to business today, live from New York, us shares have made a strong start this thursday as investors wrap their heads around Thatjumbo Half Percent cut in Interest Rates from the Federal Reserve and later comments from chairjerome powell. Was it a Panic Measure in response to a sharp slowdown in the economy . Traders remember similar moves just before the Dotcom Crash the Global Financial Crisis and the pandemic. Well, in his Press Conference Mr powell was keen to dispel any such negative thoughts. The us economy is in a good place and our Decision Today is designed to keep it there. More specifically the economy is growing at a solid pace. Inflation is coming down closer to our 2 objective over time and the Labour Market is still in solid shape. Our intention is really to maintain the strength that we currently see in the us economy. Lets bring ....

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BBCNEWS Verified Live September 20, 2024

Using sabotaged pagers and Walkie Talkies a campaign widely believed to have been carried about by israels spy agency, mossad. 12 people were killed and nearly 3,000 injured On Tuesday. Yesterday, 25 people were killed and 600 people injured in a second wave of blasts. Hezbollah, which is backed by iran and is proscribed as a terrorist group, by the us and uk and western governments, has promised to retaliate. Fears of an all out warare mounting, israel announced yesterday that they have moved to a new phase in the war, the stakes could not be much higher. 0n todays programme, well hear exactly how the Hezbollah Leader responds. 0ur Teams in the Bbc Newsroom are monitoring that. 0ur Speciali ....

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