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BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

we start here in the uk where the bank of england has given its bleakest forecast in recent memory — a prolonged recession is on the way, starting this autumn and continuing all of next year and into 202a. if accurate, it would be the longest downturn for the uk economy since the financial criss in 2008. inflation is predicted to hit more than 13%, driven by the sharp rise in energy bills. and in an effort to rein in soaring prices, the bank has raised interest rates by the most in 27 years, piling more pressure on households. 0ur economics editor faisal islam reports. as the essen...

BBCNEWS World Business Report June 4, 2024 04:49:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:49:00

The regulations could be enough to reduce consumption but i guess that higher prices will be needed to bring down electricity consumption to meet supply. electricity consumption to meet su -l . ~ ., supply. when we get into the winter, supply. when we get into the winter. you — supply. when we get into the winter, you are _ supply. when we get into the winter, you are saying - supply. when we get into the winter, you are saying that i winter, you are saying that spain has 20 of gas. firstly, where is it getting that and secondly is a anyway it can it with the rest of europe? spain has built ...