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BBCNEWS World Business Report July 6, 2024 - Vimarsana News

BBCNEWS World Business Report July 6, 2024

and 48 hours to come up with the next generation of video games. we'll be hearing from the man behind the global gamejam. hello there. we start here in the uk, where the bank of england has raised the cost of borrowing for the tenth time in a row. the half—a—percent rise puts uk interest rates at 4%, their highest level in more than 1a years. a bonus, of course, for savers, but it piles more pressure on businesses and those with mortgages, loans and credit card debt. the good news is that the bank now thinks the uk's recession will be shorter and less severe than it previously th...

BBCNEWS World Business Report June 4, 2024 05:41:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 05:41:00

From this really dangerous combination of unprecedented cost inflation and sluggish consumer demand. in amazon because my case it has been exacerbated by the fact that during the pandemic, they over hired and over expanded, in order to keep up with that huge but as we now know a temporary surge in demand for online shopping and cloud computing and now there has been this huge recalibration, a huge reset amongst consumers where we are no longer confined to our homes and what we are seeing is that shoppers are abandoning e—commerce, returning to stores, looking for value, returning to stores, ...