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BBCNEWS BBC News July 7, 2024

have beat. we have two deliver people. == have to beat. we have two deliver people. ยป have to deliver for people. prices are rising at their fastest rate for a0 years. uk inflationjumped to 9.1i%injune. putting out the fires of yesterday. yesterday was the london fire brigade s busiest since the second world war. and england women s hope for more success at the seaside, as they take on spain in brighton. their euro 2022 quarterfinal is just getting under way. hello, good evening and welcome to the bbc news. conservative party mps have had their say. they ve chosen two of their number to face a final hurdle in the race to become our next prime minister. the day started with three candidates vying for the top job, rishi sunak, liz truss and penny mordaunt, who got the lowest number of votes on a 105. that means she s out, leaving the former chancellor and the foreign secretary. those two now have about six weeks to persuade tory party members that they have what it takes to le

BBCNEWS World Business Report July 7, 2024

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 labour mark

BBCNEWS BBC News July 7, 2024

contaminated blood in the uk in the 70s and 80s will receive compensation but campaigners say many grieving families have been ignored. british police appeal for witnesses after an elderly man is stabbed to death while riding a mobility scooter in the capital, london. voters in a republican primary in the us state of wyoming oust trump critic, congresswoman liz cheney, in favour of a candidate backed by the former president. harriet has received the most votes in this primary, she won, i called her to concede the race. this primary election is over. this primary election is over. the british betting company entain, which owns ladbrokes, coral, and foxy bingo, is ordered to pay more than 20 million dollars for safety and anti money laundering failures. hello and welcome if you re watching in the uk or around the world. prices in the uk increased by 10.1% in the year tojuly. that s the first time inflation has reached double digits since 1982. much of the rise is due to the fac

BBCNEWS World Business Report July 7, 2024

the french president, emmanuel macron, has suffered a serious setback after losing his majority in parliament. his party, ensemble, is still the biggest in the national assembly, but it lost around 100 seats in yesterday s elections. there were big gains for marine le pen s far right party, and a new left wing alliance, led by the hard left leader, jean luc melenchon. this means issues such as macron s plans to raise the retirement age and changes to low income support could face more obstacles. joining me now is tomasz michalski, economics professor, at the business school, hec paris. professor, welcome. where does this result leave macron s mandate to govern the world s sixth largest economy? the first thing is the question is whether the party of macron will be able to make a coalition with the right wing party, that support them on the issue you just mentioned, raising the retirement age and various other reforms. if such a coalition cannot be, whether implicit or explici

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