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Transcripts For BBCNEWS World Business Report 20240707

yes, a very warm welcome to all the business news. and we start here in the uk, where skyrocketing inflation is causing big problems for retailers. just how big will be revealed in a few hours when we get those retail sales numbers forjuly. if we look back, sales fell 0.1% month on month injune, and that was a better than expected result as rising energy and fuel prices dented consumer confidence. now that inflation is topping 10%, the british independent retailers association is calling for 100% rates relief to be introduced for smaller retailers, and an energy price cap for businesses. let us get more. andrew goodacre, ceo, british independent retailers association. good morning. thank you for joining us. you are calling for the smaller retail, rate relief and an energy price for business in general. just talk about energy, energy prices have gone through the roof stop how much is it hurting our retailers? how much is it hurting our retailers? ,., ., ., , retailers? good m

Transcripts For BBCNEWS BBC News 20240707

the first hosepipe ban in wales for 30 years comes into effect, as drought is officially declared in parts of the country. apple has released an urgent security update for its iphones, ipads and macs after two serious vulnerabilities were found that could allow attackers to gain access to someone s device. good morning and welcome to bbc news. i m samantha simmonds. four out of ten young people in the uk signing up for new private tenancies, are spending an unaffordable amount of their income on rent, new figures suggest. housing experts say spending more than 30% of income on rent is unaffordable, and the proportion of young renters grappling with high housing costs is at a five year high. our consumer affairs correspondent colletta smith reports. no one likes paying rent, but right now, people under 30 like mia are paying through the nose. my tenancy is ending soon and looking for new tenancies is just more and more expensive. it s disheartening because it feels like you

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