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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 20240705

report by the iaea on the plan to discharge the treated water from the fukushima nuclear power plant. ever since, from the fukushima nuclear power plant. eversince, i from the fukushima nuclear power plant. ever since, i have been continuing my efforts in this regard, including in particular by visiting fukushima, where a number of important things happened. the first, i would say, was for me the opportunity to meet with 11 mayors of the region, of the prefecture there, near the plant. the chamber of commerce, the fishermen association and other local actors and people from the area. i felt that my direct contact with them was indispensable, was something i was keen on doing in order to do what i am doing with you here, but of course, with the added, i would say, ingredient of this being in contact with the people at the first lines of impact of whatever we do there. what happened in march 2011 there and the subsequent actions that have been taken by the japanese government f

Transcripts For BBCNEWS World 20240705

us, you are in time for the top business stories. we start in the us where, as you ve been hearing in the last few hours, meta, the owner of facebook, instagram and whatsapp, has launched its widely anticipated new conversation app, threads. it allows users to create posts of up to 500 characters and is being seen as a clear rival to twitter. threads is available to download in more than 100 countries around the world, including here in the uk, but not as yet in the european union because of concerns over privacy regulations. meta boss mark zuckerberg says 5 million users have already signed up to threads in the first four hours. and many tech industry watchers say it poses a very real threat to twitter. i think threads will pose a huge threat to twitter because it is coming from the matter and instagram family of apps. instagram has 2 million users compared to around 250 million of twitter so about ten times bigger already. of twitter so about ten times biggeralready. if of

Transcripts For BBCNEWS The 20240705

welcome back. the british government has walked away from a post brexit trade deal with canada, after nearly two years of negotation. the uk also had concerns about the steep 245% import taxes canada has slapped on british cheese. it means, at least for now the uk s trading terms, with canada will be worse than when it was part of the eu. live to westminster, we can speak to political correspondent helen catt. dead and buried orjust on the back burner? fin dead and buried or “ust on the back burner? , h, burner? on pause, the uk government sa 5 burner? on pause, the uk government sa sit burner? on pause, the uk government sa s it sa s burner? on pause, the uk government says it says it s burner? on pause, the uk government says it says it s open burner? on pause, the uk government says it says it s open to burner? on pause, the uk government says it says it s open to reopening - says it says it s open to reopening these trade talks but as he just pointed out, they ha

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