With not enough young people prepared to take up the craft. We start here in the uk with a warning that soaring Interest Rates could be increasing social inequality and widening the gap between the haves and have nots. Thats according to one of the bank of englands Policy Makers who has been speaking exclusively to the bbc. Dr Swati Dhingra has been on the Banks Monetary Policy Committee since august of last year, and has voted against raising Interest Rates at seven of its last nine meetings. It comes as official figures out shortly are expected to confirm the Uk Economy Stagnated in august, after a surprise decline onjuly. Dr dhingra suggests the steep rise in Borrowing Costs could be pushing the uk into recession as she explained to our chief economics correspondent, dharshini david. The reason why the rates have been raised is because of the kind of price increases we are seeing which is energy and food. Those will typically contact poorer people more and the Interest Rate also typ
And World Business report. Terms of disengagement. The eu will set out its stall on brexit later but britain says trade talks must get under way at the same time. Plus cash cows and Spread Betting. Why the price of butter is soaring on us markets. Welcome to World Business report. If you are in britain it is nice and early, stay where you are and give me eight minutes, nine minutes they just told me, and i will give you an exciting snapshot of the exciting world of business and money. We start in malta, where later this morning Eu Council President donald tusk will present europes guidelines for the brexit negotiations. The key question for britain can it negotiate a Future Trade Deal with the eu at the same time . Or, as france is insisting, must it wait until exit talks are done . Two years is already seen as tight to do such a complex trade deal. So what happens if one cant be done in time . For a start, these tariffs are Customs Taxes slapped on imported goods. They range from arou
The face-off between the Detroit Tigers and the Chicago White Sox on March 30, 2024, at Guaranteed Rate Field turned out to be an electrifying baseball
The face-off between the Detroit Tigers and the Chicago White Sox on March 30, 2024, at Guaranteed Rate Field turned out to be an electrifying baseball