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Transcripts For BBCNEWS World 20240704

one of its core lending rates, it s so called one year loan prime rate, and it s now at a fresh record low of 3.45%. but the five year lending rate has been left unchanged at 4.2%. there s been a slew of poor economic data in recent weeks, pointing to a slowdown in the world s second biggest economy. over the past 10 years, china has generated a1% of the world s growth almost double the 22% contribution from the us, and dwarfing 9% from the euro area. joining me now is janet mui, head of market analysis at rbc brewin dolphin. worrying times here given the size of china s output, the government was expected to do more. is of china s output, the government was expected to do more.- was expected to do more. is this enou~h? was expected to do more. is this enough? thank was expected to do more. is this enough? thank you was expected to do more. is this enough? thank you for - was expected to do more. is this enough? thank you for having i was expected to do more. is this l

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Transcripts For BBCNEWS BBC 20240704

seek? ,, , ., . , seek? she is here at manchester crown court. seek? she is here at manchester crown court, she seek? she is here at manchester crown court, she was seek? she is here at manchester crown court, she was brought i seek? she is here at manchester crown court, she was brought to j crown court, she was brought to court from prison this morning as she has been for every stage of this process, but last week as the final verdicts were delivered it is worth reminding you as well those verdicts were delivered over a series of hearings. there were none for different hearings on the court where the jury returned and delivered a partial number of verdicts. lucy letby was presence for the first ones, the first counts of murder which she was convicted of, she sobbed in the dock as those verdicts were read out but when it came to the later hearings she chose not to appear in court so every day has arrived here with a prison van, she has been taken to the holding cells a

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Transcripts For BBCNEWS World 20240704

we will now fund the cost of their training in full. this will cut costs for businesses and training providers and support thousands more young people to start an apprenticeship. these announcements by the prime minister come amid a warning from the industry trade body make uk which represents 20,000 british manufacturers that output won t grow at all this year and won t be much better next, that s the findings of its latest survey of members published today. joining me now is make uk s chief operating officer, ben fletcher. this survey is quite stark. facing the prospect of two years of anaemic growth, yet your survey suggest that your members are still pretty optimistic. your members are still pretty optimistic your members are still pretty 0 timistic. , ., ., , ., ~ optimistic. join the dots for me. a lot of this comes optimistic. join the dots for me. a lot of this comes from optimistic. join the dots for me. a lot of this comes from the - optimistic. join the dots f

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Transcripts For BBCNEWS World 20240704

we heard that average uk wages were rising at their fastest pace in 20 years. katharine neiss is chief european economist at pgim fixed income. thanks very much for being with us today, katharine neiss. so clearly welcomed news that inflation has fallen to this point. still quite far off the bank of england s target, though. is everything going to plan or as we had expected? 50. to plan or as we had expected? so, toda s to plan or as we had expected? so, today s data to plan or as we had expected? srr, today s data are to plan or as we had expected? s57, today s data are not to plan or as we had expected? s513, today s data are not a to plan or as we had expected? sr3, today s data are not a surprise. it is encouraging, as you say, that headline inflation is coming down. no doubt uk consumers will be relieved to see that energy prices and food price inflation is beginning to cool. but, that said, core inflation, that is a measure of inflation that gives us perhaps a better

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Transcripts For BBCNEWS Verified 20240704

10:15pm on the 13th of august on sunday, those two men were standing outside the nightclub, in south london, they were approached police say by a man who attacked them with a knife before running away. both men are in their 20s or 30s, they were taken to hospital for treatment and have since been discharged, there has been no officers, officers are following up leads, they are crucial in the ongoing investigation what they described as a homophobic attack of the two men. we will of course have more on that story as we get it but now let s go to tie and write for the business news. let s start with china. we ve had some worrying data this week fuelling fears about the health today, property prices fell for the first time this year due to flagging demand house prices fell by 0.1% injuly, compared with the same month last year. going into reverse again for the first time since china began to emerge from its covid lockdown.0n wednesday, on wednesday, retail sales growth slowed

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