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Transcripts For BBCNEWS Business 20240703

And well be looking ahead to the Eurovision Song Contest with a Special Report from the host city malmo. Live from london this is Business Today im lukwesa burak. Later this morning the uks First Quarter growth figures will be published. The uk economy grew slightly in february increasing hopes it is on its way out of recession, just. The economy grew by 0. 1 boosted by production and manufacturing in areas such as the car industry. On thursday, the Bank Of England boss said the Monetary Policy committee needs to see more evidence that price rises have slowed before cutting Interest Rates. Governor Andrew Bailey said, he was optimistic that things are moving in the right direction as rates were held at 5. 25 . I think it is. I am encouraged by all of this. Very encouraged that again we have to achieve an Inflation Target that is sustainable. That is ourjob and what we do. The news is encouraging. And what we do. The news is encouraging and what we do. The news is encouraging. Clearly y

Transcripts For BBCNEWS BBC 20240703

Benjamin netanyahu has said he hopes to overcome his differences Withjoe Biden but vowed to press ahead with a Military Assault on rafah. Mr netanyahu was speaking to us media after President Biden confirmed that the us had withheld a delivery of munitions and could halt more shipments if Israeli Forces attack hamas in rafah, a densely populated city in the gaza strip. Mr netanyahu said israel had to defeat hamas in rafah. Paul adams sent this report from jerusalem. Haitham is trapped. After three operations for a bullet wound that punctured his lung, he needs treatment abroad. All set to leave until israel captured and closed the rafah crossing. Forced to wait in a tent. I feel helpless, he says. The world is powerless to open the border. The hospitals here can no longer help me. Just when rafah s need is greatest, its main hospital lies silent and abandoned, hastily evacuated in the face of israels sudden advance, now dangerously close to the front line. Israel insists its operation

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