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Transcripts For BBCNEWS BBC 20240704

This city. But he returned as a criminal defendant. He faces four charges and is accused of orchestrating an astonishingly Broad Campaign to overturn the Election Results of 2020. Its alleged he used unlawful methods to try to getjoe biden s victory blocked. Inside court, mrtrump s biden s victory blocked. Inside court, mr trumps lawyer pleaded not guilty on his behalf. The former president did speak as he left the city. When you look at what is happening, this is a persecution of a political opponent. This was never supposed to happen in america. Its easy to almost become immune to donald trump legal problems but this case is bigger than all the other indictments and that is because ultimately, its about american democracy. And how the former president stands accused of trying to overthrow it. January the sixth of the painful and indelible mark on the uss image here and worldwide. Five people died and more than 1000 were arrested. Donald trump is charged with inciting violence but acc

Transcripts For BBCNEWS World 20240704

Speaking before squeezed by massive bills, there is still Spending Power out there. A lot of our customers are probably a bit older, so we dont feel the mortgage rate, although it creates uncertainty for them and that does and we do notice when there is a rate rise, everyone gets a bitjittery. Does it feel like we are getting green shoots . I dont feel that there is green shoots, no, no. I dont feel that there is green shoots, no, no. I feel we are in a holding pattern. It could go either way. Today, the Bank Of England said the tough medicine was beginning to work. Less tha n less than two years they have over 14 steps raised Interest Rates to the highest level in 15 years in an attempt to drain Spending Powerfrom the Spending Power from the economy. The period of near zero Interest Rates now consigned to history with the bank warning that rates could remain at this level for some time. If you asked the question, yes, and when are rates going to come down . My answer is we are going t

Transcripts for BBCNEWS World Business Report 20240604 04:30:00

it came after the bank raised the cost of borrowing to 5.25% the highest it s been in 15 years. the uk now has the highest interest rates in the developed world and governor andrew bailey has told the bbc they won t be cut until there is solid evidence that soaring inflation is under control. it s good news for people with savings, who should benefit from better returns on their money, but it is piling the pressure on many mortgage borrowers and businesses. as our economics editor faisal islam explains. in salisbury town centre, you get the full view of the mixed picture. from a housing market starting to fall and yet, at a local cafe and gallery, especially if you aren t

Transcripts for BBCNEWS BBC News 20240604 04:30:00

that was the message from the governor of the bank of england on thursday. it came after the bank raised the cost of borrowing to 5.25% the highest it s been in 15 years. the uk now has the highest interest rates in the developed world and governor andrew bailey has told the bbc they won t be cut until there is solid evidence that soaring inflation is under control. it s good news for people with savings, who should benefit from better returns on their money, but it is piling the pressure on many mortgage borrowers and businesses. as our economics editor faisal islam explains. in salisbury town centre, you get the full view of the mixed picture. from a housing market starting to fall and yet, at a local cafe and gallery, especially if you aren t

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