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BBCNEWS Nicky Campbell June 4, 2024 08:02:00

irrelevant. a former top chinese government scientist has told the bbc the possibility covid leaked from a laboratory should not be ruled out but he has not seen evidence to back that up. george gal says the origins of the virus remain open. let me clarify, welcome! you might hear some different statistics, 0 ns stats about food inflation, 19.1%. the number, 15.7%, 15.4%, different methodology and timescales, that explains that but it is also worth reminding you that there have been suggestions a price cap on things. the supermarket say it will not work

BBCNEWS World Business Report June 4, 2024 04:48:00

and being completely unafraid of falling flat on your face and making a tit out of yourself, yeah! can we say that? we just did! shall we move on? the uk government is discussing plans for supermarkets to introduce a cap on the price of basic food items to help tackle the rising cost of living. a voluntary agreement with major retailers could see price reductions on basic food items like bread and milk. this comes as food prices rose by 19.1% in the year to april the second highest rate in 45 years. live now to gervais williams, head of equities at premier miton. how would such a scheme work and do you think it will have a discernible impact on shoppers? the interesting thing about the supermarket generally as they are very fine margin business, the difference between costs and the prices we pay on average are around 1.5% or 2% so there is not much margin as

BBCNEWS World Business Report June 4, 2024 10:39:00

is there a secret to it? i think the skills and the craft that you learn in one field are not redundant when you move to a different field. they sort of inform the choices you make, but i ve always gotten stimulated by being in an area where i didn t really know what the heck i was doing. i find that much more stimulating and i feel creative when i m floundering a little bit. i ve always had restlessness to move onto the next thing. so the secret is in getting in early and grabbing it? and being completely unafraid of falling flat on your face and making a tit out of yourself, yeah! well, quite! the uk government is discussing plans for supermarkets to introduce a cap on the price of basic food items to help tackle the rising cost of living. a voluntary agreement with major retailers could see price reductions on basic food items like bread and milk. this comes as food prices rose by 19.1% in the year to april, the second highest rate in 45 years. so how would such a scheme work?

BBCNEWS World Business Report June 4, 2024 04:51:00

not coming down, a situation of stagflation, where we are seeing low growth if any at all. . ., ., ., all. the figure came down from 19.2% in march all. the figure came down from 19.296 in march 19.196 all. the figure came down from 19.296 in march 19.196 in - all. the figure came down from 19.296 in march 19.196 in april i 19.2% in march 19.1% in april for groceries. still eye watering lehi number of products still rising in price over the month. now we are being told that ultimately the lower wholesale prices will come through but they are taking much longer than expected and that is part of the concern that we have. of course, when those energy bills hit, those lower bills hit in july. hit, those lower bills hit in july, that should help relieve some of the pressure, but inflation still staying stubbornly high and so, really, i was spending power is going to be hit with a sledgehammer to be hit with a sledgehammer to stop inflation in its tracks. the bank doesn t have any other

BBCNEWS BBC News at One June 4, 2024 12:03:00

centre in leeds work for - lock. the advisers at this call centre in leeds work for a i lock. the advisers at this call. centre in leeds work for a debt advice charity called stepchange. many of the families calling up never thought they would have to. it s much more energy bills that cannot be paid, that is a big one. food cannot be paid and it is generally more there isn t enough coming into cover standard living costs. ~ , . .,, coming into cover standard living costs. ~ , ., costs. while the rise in the cost of livin: costs. while the rise in the cost of living overall costs. while the rise in the cost of living overall has costs. while the rise in the cost of living overall has slowed - costs. while the rise in the cost of living overall has slowed down - costs. while the rise in the cost of living overall has slowed down a i living overall has slowed down a little from double figures to 8.7%, millions of households, notjust the poorest, are still reeling from one of the faste

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