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Transcripts for BBCNEWS World Business Report 20240604 04:40:00

their income on energy and it is about the timing, pushing back against the chancellor, the chancellor said this is about the timing because we are all facing higher energy bills costs, higherfood bills and if you think about it, employers do, those in the food sector, paying higher prices, for wheat, vegetable oil, because of the crisis around the black sea because of the war in ukraine this timing of this extra tax is an extra burden. and also the cost of borrowing is going up as well month with the bank of england raising interest rates and, for businesses who have had to borrow quite a bit that is another expense for them to consider. it another expense for them to consider- consider. it certainly is. interest consider. it certainly is. interest rates consider. it certainly is. interest rates from - consider. it certainly is. interest rates from the | consider. it certainly is. - interest rates from the bank of england have gone up three times already and the market is anticip

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