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Transcripts For GBN Breakfast 20240702

Suffer with. Suffer with. But anyway, ovo energy has become one of these places where its very trendy to work, apparently. And their head office in bristol, apparently. And their head office in bristol , theyve built office in bristol, theyve built a tree house in the fire. Oh brilliant. With a complete with a slide, of course. A slide, of course. Is there a ball pit at the bottom . There should be, shouldnt there. And its come to light because someones someones complained because they were taken into the tree house for a dressing down. Oh, and then the boss then got on the slide to exit the meeting. I mean, i have to say, i think this sort of thing is absolutely ridiculous. I guess it depends on the job. I mean, for some sort of creative industries, i guess, like advertising, where youre trying to like, inspire people and get all the juices flowing, have been beanbags to sit on bags and dart boards and foosball, and you can see people trying to sort of find their inner child. But for

Transcripts For BLOOMBERG Bloomberg 20240703

Our top story this morning, President Biden touching. Down in israel. A single blast in a hospital in gaza killing hundreds and israel is letting hamas and hamas is blaming israel. The exposing explosion threatening to tip things over the edge. Pres. Biden based on what i have seen, it appears it was someone on the other team. There are a lot of people out there. We have to overcome a lot of things. Jon the stakes for this trip cannot be hired. How do you ensure aid gets to gaza and civilians are kept out of harms way . President biden has arrived here in tel aviv and he was greeted by Benjamin Netanyahu. This is a very different trip then joe biden planning to do for hours ago, this was a twolegged trip originally. First in tel aviv and the second in jordan. What can joe biden achieve . You can suppose you can show support for the israelis. Chuck schumer was here in this building a few days ago. We understand to client 2000 soldiers on high alert but the third bid, the diplomatic side

Transcripts For GBN Britains 20240703

Yeah. Yeah. Yeah, i only had one. Yeah, i only had one. Yeah. I think you could mix it with something else. Yeah, yeah. That snakebite and black or is that something else. Something like something else. Yeah. Well wed love to hear what you think. As ever, send your views and post your comments using gbnews. Com yoursay say, but first, heres your latest news with tatiana sanchez. Nana, thank you very much. Good to see you. And good morning. These are the top stories from the gb newsroom. The bank of england is expected to leave its base Interest Rate unchanged at 5. 25 for a sixth time, as economists wait for inflation to come under control. The decision to be announced today comes as inflation remains at 3. 2 above the banks 2 target. It would mean a longer penod target. It would mean a longer period of higher borrowing costs, which have squeezed households since Interest Rates started rising at the end of 2021. Both Major Political parties have made Economic Growth a key part of their

Transcripts For BBCNEWS BBC 20240703

Voted, last time just one of them voted, last time just one of them voted for a cut in Interest Rates. If we start to see other members of that committee moving towards a cut, a cut later in the year becomes increasingly likely. We will also get detail from the Bank Of England about what they think they is happening to economy right now to stop your running at the detail there that the main concern for them is inflation. It has been sky high over recent months and it is now starting to come down. 3. 2 is where it currently is but it is still above the Bank Of England a target of 2 . What they will be looking out at what point will be inflation, thats a measure of how quickly prices are rising, at what point will that come in line with their forecast and therefore they can start to afford to cut Interest Rates. Because english Interest Rates, m are rather blunt tool that the Bank Of England has to try and encourage us to save rather than to spend. Cool the economy, Stop It Overheating a

Transcripts For BLOOMBERG Bloomberg 20240703

You see the reaction in the bond market. Volumes are light. We dont know much information at this stage. We will talk about it and give you an idea how to hedge at some of the risks. The countdown to the close starts now. The countdown is on in europe. This is Bloomberg Markets european close with guy johnson and alix steel. Guy stoxx 600 down by 0. 4 . Bobbing around that place all day. Treasury markets in the states are closed. Volumes a little light. That is as far as you can go with that one. Shell is up a bit. Energy, that is what you will see. The opposite ends of the spectrum, air france is down by 9 today. There is an impact on air travel here. Russian airspace closed, closing up another piece of airspace as well. Higher oil prices. All of this not good news for the airline sector, air france. It is down by over 9 right now. So there is an obvious first steps the markets are taking. Not enough information to take a second steps, the third steps in terms of understanding the imp

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