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
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be more expensive and it will not happen overnight. indeed. thank you not happen overnight. indeed. thank you very not happen overnight. indeed. thank you very much - not happen overnight. indeed. thank you very much for - not happen overnight. indeed. thank you very much for yourl thank you very much for your time. have a great weekend. four in ten young people are spending more than 30% of their income on rent new figures suggest. anything above 30% is classed by housing experts as unaffordable. but this data shows that the number of people under 30 paying that rate has reached a five year high. 0ur consumer affairs correspondent colletta smith has this exclusive story. no one likes paying rent, but right now, people under 30, like mia, are paying through the nose. mr; like mia, are paying through the nose- the nose. my tenancy, i am lookin: the nose. my tenancy, i am looking for the nose. my tenancy, i am looking for new the nose. my tenancy, i am looking for new tenancy. it