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Transcripts for BBCNEWS Nicky Campbell 20240604 08:02:00

and his son sulaiman. contact was lost about an hour and 45 minutes into its dive to the wreck site on sunday. the average tenant in the uk now spends more than 28% of their pre tax income on rent. the data from zoopla suggests people are spending more of their wages on rent than at any other time in the past decade. mps have overwhelmingly backed a report that found boris johnson lied to parliament over lockdown parties in downing street. just seven mps voted against the findings, but more than 200 either abstained or didn t take part including rishi sunak. 0pposition parties have accused the prime minister of being too weak to stand up to borisjohnson. food price inflation has fallen to its lowest monthly rate so far this year but still remains high. the cost of groceries rose by an average of 16.5% compared with the same period last year. that s down from 17.2% the previous month.

Transcripts for BBCNEWS World Business Report 20240604 04:49:00

reactions from two campaigners. translation: i feel very touched. i i am happy notjust because we won, but because i m here with all of you, and because i realise how great our team is and how i like so many people with whom we ve managed this result. translation: yes, of course we re disappointed, especially for the population, who will have to pay the price not only through the electricity bill, but also with bans, which we fear there is a clear urban rural divide. some cantons have said no. british supermarket morrisons has announced this morning it is cutting the prices of 47 products by an average of over 25%, after a considerable period of rapidly rising prices, is it a sign that food price inflation on its way out? david waddell reports. actually seeing some

Transcripts for BBCNEWS World Business Report 20240604 04:50:00

trade down between. it s only three days since the tesco boss ken murphy said there were encouraging early signs that inflation was starting to ease. that doesn t necessarily mean that prices should fall. lower inflation simply indicates that prices will rise less quickly. at the last count, in april s data, inflation was running 8.7% down from a peak of over 10%. but at the same time, food price inflation s been running at over 19%. and that belies the fact that some prices are rising faster still. sugar was up by nearly half in the 12 months to april. cheese and eggs were up by nearly a0%. and milk was up by a third over the same period. since then, milk prices have started to abate in multiple supermarkets. last week, asda pledged to freeze the prices of 500 products until the end of august, and the upmarket supermarket waitrose cut the prices of 200 products. now morrisons is cutting prices for a range of products including beef mince, ham, and tomatoes.

Transcripts for BBCNEWS Click 20240604 19:30:00

this is bbc news. the headlines. forty one people most of them students are killed in an attack on a school in western uganda. six pupils have been abducted. officials are blaming rebels linked to the islamic state group. the un has called it an appalling act . vladimir putin has rejected calls by african leaders to negiotate a ceasefire with ukraine during a meeting in st petersburg. the russian president interrupted the opening presentations of a peace plan by the leaders by insisting the war and the resulting food price inflation was the fault of kyiv and the west. teachers in england announce two more days of strike action as part of a long running pay dispute. members of the national education union will walk out on the fifth and 7th ofjuly. the government says the strikes will cause real damage to pupils.

Transcripts for BBCNEWS BBC News at Ten 20240604 21:25:00

he believes food price inflation finally has peaked. he is saying that because the cost of some essentials are starting to come down. milk, bread, cooking oil, pasta, he said was 16% cheaper this month than last. but other commodities like rice, coffee and sugar, are still going up and there are still precious with energy and labour costs. so the big picture is although there are signs that food inflation is easing, that doesn t mean overall food prices are going to fall. it is just that they aren t going to go up as quick and i think thatis going to go up as quick and i think that is what he was getting at when he was saying that food prices were hopefully starting to moderate. the other thing is that he warned that it was unlikely that prices would return to where they were before russia invaded ukraine because some of these increased costs are permanent. like wage rises. that is a huge cost to the supermarkets. they are now baked into the system.

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