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Transcripts for BBCNEWS World Business Report 20240604 04:42:00

exactly. yesterday s inflation print out for is called what on the prospects of eminent rate cuts in the uk also adds that picture. cuts in the uk also adds that icture. ., ., .,, picture. you mentioned those rate cuts. picture. you mentioned those rate cuts, not picture. you mentioned those rate cuts, notjust picture. you mentioned those rate cuts, notjust in - picture. you mentioned those rate cuts, notjust in the - picture. you mentioned those rate cuts, notjust in the uk, | rate cuts, notjust in the uk, us inflation data may hold back what people were talking about as a june interest rate cut. may be pushed further later in the year. that may affect the ecb as well. the year. that may affect the ecb as well. certainly markets in the last ecb as well. certainly markets in the last few ecb as well. certainly markets in the last few days ecb as well. certainly markets in the last few days have - ecb as well. certainly markets in the last few days have been j in the last f

The ukRate cutsInflation printFin pictureInflation dataInterest rate cutBread cutsMarketer pricingRate cutDiversion padThe end

Transcripts for BBCNEWS World Business Report 20240604 04:38:00

faisal islam is there, he s been speaking to the uk s finance minister, chancellor of the exchequerjeremy hunt. and started by asking him about inflation in the uk, which fell to 3.2% in march, its lowest in more than two yea rs i think the statistics we have had this week demonstrate inflation is coming down, now lower than the united states. the bigger picture is the fundamentals for the uk economy are actually very strong. we have had more greenfield foreign direct investment than anywhere in the water apart from the united states and china since 2020. i was at a dinner in newark last night with big investors in the uk, every single one of them increasing investment in the uk. the imf saying this week over the next six years we will grow faster than any major european economy and faster than japan. european economy and faster than japan- european economy and faster than japan. some felt now the bank of england than japan. some felt now the bank of england may - than japan. some f

The ukFinance ministerFaisal islamExchequerjeremy hunt3 2Fin pictureNewark last nightInterest ratesBank of england

Transcripts for BBCNEWS World Business Report 20240604 04:40:00

now saying we will return to pre pandemic living standards two years earlier than they thought. what we see is overall a picture that is much more positive than before. but we need to be sensible, cautious, prudent and the approach we take going forward. sensible, cautious and take going forward. sensible, cautious and prudent. - take going forward. sensible, cautious and prudent. we - take going forward. sensible, l cautious and prudent. we have heard a lot from liz truss over the past couple of days. she says angepena should have been fired and disbanded the opi. what you to that message? and her message. i what you to that message? and her message- her message. i think she is the first to say her message. i think she is the first to say that her message. i think she is the first to say that when her message. i think she is the first to say that when mistakes| first to say that when mistakes were made in that period. a discipline and independent bank of england. i do suppor

Fin pictureLiz trussBank of englandOffice for budget responsibility

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