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Transcripts For BBCNEWS Newsnight 20240705

as though in some southern areas, and weather warning by the weekend, temperatures could be approaching 30. but not for everybody. for many it would be in the low, mid 20s. this wonderful picture which i showed you earlier on, this cloud scope taken earlier today injersey. thank you very much. that is is the mortage misery time bomb about to explode? new inflation figures and an announcement on interest rates due in the next 48 hours. todayjeremy hunt said giving financial support to mortgage holders could drive inflation higher. we ll talk to economists from the left and right, and a spokesman for the uk banking industry. also tonight, it s a year since the us supreme court made its historic decision to reverse roe v wade, thus allowing american states to block women from accessing an abortion. anna collinson travels from florida to alabama to speak to medics and women. shejust told me, it s not going to make it. she got kind of choked up, actually, saying, i wish there w

Transcripts For BBCNEWS World Business Report 20240706

that s the message sent by the european central bank as it ploughs ahead with plans to raise rates, despite sluggish growth in the eurozone, and turmoil in the banking sector. the ecb s main interest rate was hiked by 50 basis points to 3.5% as it tries to keep a lid on rising prices. but the language from policymakers has begun to strike a new note, dropping a reference, used in previous statements, to the need to raise rates significantly going forward. agnese ortolani is a europe analyst at the economist intelligence unit. so, we have had this rate rise within the last hour. give us a sense of what this tells us. they don t seem to be overly concerned about the banking sector. yes indeed, about the banking sector. yes indeed. the about the banking sector. yes indeed, the ecb about the banking sector. 13; indeed, the ecb decided about the banking sector. yes indeed, the ecb decided to go ahead with this, because it is related to inflation the euro zone, so it is infla

Transcripts For BBCNEWS BBC News 20240707

ukrainian forces in broken russian lines in a major offensive in the territory. that is only possible south of the country. because of the sophisticated weapons being supplied by the west. the two 16 year old boys have died after getting into difficulty ukrainian military said operations in a loch in county londonderry. had been launched in multiple locations in the south today. today, the ukrainian military said that russian positions, and munitions depots, equipment had been attacked. welcome to bbc news, very good to it is really hard to independently have your company stop. verify those claims, because it is difficult to get access to residents the united nations has launched an emergency appeal for almost £140 million living in kherson in occupied to help pakistan deal with the devastating floods. territory, but last night president the un secretary general, zelensky did not talk about what was antonio guterres, says the country happening in kherson, he said ukraine was

Transcripts for BBCNEWS Newsnight 20240604 21:48:00

much profit. should the banks be doing more? what? i much profit. should the banks be doing more? what? doing more? i think so. what? some are doinu doing more? i think so. what? some are doing things doing more? i think so. what? some are doing things like doing more? i think so. what? some are doing things like mortgage i are doing things like mortgage holidays and finding ways to support people but it is inconsistent and that s where the government should support in so there is a deal that is done across the piece. the key point, to your point on interest rates, interest rates are there to dampen demand. inflation is caused by the economy overheating, it makes sense. it is in the right tool. it s a blunt tool to deal with the inflationary pressures created by the supply side. we are using a policy tool that frankly isn t going to work against the problem but is going to hammerfamilies. it makes no sense. in going to hammer families. it makes no sense. , ., ., . ~ going to hamm

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