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Transcripts For BBCNEWS World 20240706

expensive than a year ago. so, now all focus will shift to the bank of england and the debate over when it will start cutting interest rates. at the moment, they re at 5.25% and a quarter after successive rises to keep a lid on inflation. tell us what it means about the figures coming down and why. the market figures coming down and why. tue: market consensus figures coming down and why. tte: market consensus was 4.3, and we got 3.9. a very nice surprise. a big contributor to that was transport, fuel prices down 10.6% over a year ago, so that was a significant contributing factor. as you mentioned, food prices, yes they are moderating but we re still seeing higher food moderating but we re still seeing higherfood prices coming through. the office of national statistic have said food prices were 27% higher than they were a few years ago. there is still work for the bank of england to do. they are above 30% target. with inflation coming down faster than anticipated, it will mak

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Transcripts For BBCNEWS BBC 20240706

it s hoped by many supporters that it might mean the end of the controlling interest of the glazer family. our sports editor dan roan reports. when sirjim ratcliffe toured old trafford earlier this year, the british billionaire was hoping to buy manchester united. instead he will become a minority shareholder of the club he says he has always supported. the founder of petrochemicals giant ineos, ratcliffe has already invested in sailing and cycling teams and owns a third of mercedes in formula 1. the owner of two football clubs, including nice in france, manchester born ratcliffe last year failed in a bid to buy chelsea, at the time hinting to me united was his real goal. some would argue you should be trying to buy the club that you grew up supporting. yes, i mean, i can understand that but manchester united is not for sale. with its rich history. they were the soccer champions of europe. ..legendary players. cantona! ..and dominance under the managerial great sir alex fergu

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Transcripts For BBCNEWS BBC 20240706

in a deal worth more than a billion pounds which, pending approval will see him take control of football operations. he is also promising over £200 million of new investment. the multi billionaire founder of the ineos petro chemicals group, is a lifelong fan of the club. it s hoped by many supporters that it might mean the end of the controlling interest of the glazer family. our sports editor, dan roan, reports. when sirjim ratcliffe toured old trafford earlier this year, the british billionaire was hoping to buy manchester united. instead, he ll become a minority shareholder of the club he says he s always supported. the founder of petrochemicals giant ineos, ratcliffe s already invested in sailing and cycling teams and owns a third of mercedes in formula 1. the owner of two football clubs, including nice in france, manchester born ratcliffe last year failed in a bid to buy chelsea, at the time hinting to me that united was his real goal. some would argue you should be

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Transcripts For BBCNEWS BBC 20240706

to one another. the death toll is likely to rise. because of the large number of families living in that block, but also because many, many people are still stuck under the rubble. one man who had lost his daughter, his grandchildren and his son in law had said that his family was ordered to evacuate from gaza city because of the israeli military operation. he said, we came to central gaza only to die. he said, there s just no safe place. there are two big challenges ahead after this. one is that the palestinian red crescent said that the air strike has caused the main road connecting these refugee camps, to shut down. that s going to make it very difficult for rescue teams, for ambulances to get through. but also remember that the hospitals in gaza are struggling, whether it s fuel or lack of supplies or water. so as this rescue operation scrambles on, it s also going to be difficult for the medical staff. the world health organization has described the situation at gaza s

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