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Transcripts For BBCNEWS The 20240705

stories from around the world. we start with that masive search off the newfoundland coast for a missing submersible, near the wreck of the titanic. us coastguards have confirmed that underwater noises have been detected. this is happening a long way off the coast in a difficult search area thatis coast in a difficult search area that is expanding. on the songs that have been picked up by canadian aircraft, we know that they took place this morning and last night and that search pushes vessels have headed toward those noises but we don t have confirmation as to what s mission and noises. five people are on board. four adults and a teenager. the latest guess is about 20 hours of oxygen left on board. that s school life to man in boston for us. ~ ., ., for us. where continued to get more details from for us. where continued to get more details from that for us. where continued to get more details from that press for us. where continued to get more details from that pr

Transcripts For BBCNEWS The 20240705

submersible which has less than 20 hours supply of oxygen left. also on the programme tonight. more worrying economic data for the uk. inflation the rate at which prices are rising didn t fall last month as expected. that s left many expecting the bank of england to raise interest rates yet again tomorrow heaping more pressure on many people with mortgages and loans. president zelensky tells the bbc that the battle to defeat russia is not a hollywood film and while things are moving slowly, ukraine s counteroffensive will be successful. and the bbc uncovers evidence that hundreds of sick and mentally ill people from the windrush generation were wrongly deported from the uk and returned to the caribbean. less than 20 hours of oxygen remain for the five people who are trapped inside a submersible after they went missing on sunday morning in a remote part of the north atlantic. search and rescue teams have been monitoring underwater noises that were picked up by a can

Transcripts for BBCNEWS The Daily Global 20240604 18:19:00

like a .4% or something around there. .,. like a .4% or something around there. .. ., , . there. the fact that it stayed where it is would underline there. the fact that it stayed where it is would underline concerns - there. the fact that it stayed where it is would underline concerns that l it is would underline concerns that british inflation is supposed to global inflation, is what they would cause sticky. it will come down like it has elsewhere. in the united states you look at 4%. in the euro zone you look at 6.1%. the fact that british inflation is at 8.7% will really worry policymakers, so people what fixed rate mortgages over five years which was cheaper after the pandemic, less than 2%, are not looking at paying interest rates of 4% 5% or 6%. so almost three times as much. there is concern that that will trigger issues. one assessment that made me raise my eyebrows when i heard it on bbc radio this morning was from karen ward, chief market stategist atjp morgan. our econ

Transcripts for BBCNEWS The Context 20240604 19:17:00

while the rate of food inflation had eased, it was offset by rises in costs of goods such as computer games and plane tickets. economists have been trying to predict what happens next. 0ne particularly concerning assessment came on bbc radio this morning from karen ward, chief market stategist atjp morgan. 0ur our economy is running too hot, and the difficulty for the bank of england, nobody mps theirjob at the moment, is that they have to therefore create a recession. they have to create uncertainty and frailty, because it is only when companies feel nervous about the future that they will think, well, maybe i won t put through that price rise. 0rworkers, maybe i won t put through that price rise. 0r workers, when they are a little bit less confident about theirjob, think, iwon t little bit less confident about theirjob, think, i won t push my boss for that higher pay. it is that we in activity which eventually gets rid of inflation. joining me now is jamie rush chief

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