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Transcripts For BBCNEWS Talking Business 20240706

added to the venue for hollywood s biggest awards. the field of best picture contenders features many of last year s biggest box office hits, including elvis, and everything everywhere all at once. now on bbc news, talking business. hello, everybody, welcome to talking business with me, aaron heslehurst. let s take a look at what s on the show. rates are rising around the world, so why aren t more savers getting a better deal from their banks? bumper profits are expected from the world s biggest financial institutions this year, as they charge more to borrow. but those with savings haven t seen the same consistent increase in what they get paid for putting money in the bank. so, why not? i m going to be discussing it with these three, there they are matthew plosser from the new york federal reserve, liz lumley from the banker magazine, and frederick maller from university college london, who thinks central banks should consider more radical steps to get the banks to pass on

Transcripts For BBCNEWS World Business Report 20240706

let s start in china, where the latest figures just released show the world s second largest economy grew faster than expected in the first three months of the year at 4.5%. this is the first set of quarterly gdp figures following the end of strict covid 19 restrictions in december. they also follow the easing of a three year crackdown on tech firms and property. lets get reaction from julian evans pritchard, head of china economics at capital economics. this is better than expected. most people are saying we re looking at 4% growth, give us your take on this number? really the strength is all about the consumer centre, we saw the vigors beads on the retail sales numbers are more generally in qrs or the household savings rates, so households are feeling more comfortable, households are feeling more comfortable, spinning again, they have comfortable, spinning again, they have the comfortable, spinning again, they have the possibility - comfortable, spinning again, they ha

Transcripts For BBCNEWS World Business Report 20240706

and are earning more than ever before. let s start with oil prices, because they ve risen some 20% over the past three weeks. this time last week, prices surged after the oil cartel, opec +, decided it would reduce its combined output by 1.1 million barrels per day. crude prices climbed after the cartel s announcement, but later in the week they steadied, following the latest us and chinese economic data which suggested weaker post pandemic growth. so where are we headed? russ mould, investment research director at aj bell joins me now. i m very excited about this. you are down by the seaside in brighton but actually here today. on the bank holiday we dragged you in. what are your thoughts about oil right now? opec + is seen as this organisation by the white house is not especially helpful when it comes to our outlook for the global economy, cutting production and causing another spike in the price of oil which is very inflationary? it spike in the price of oil which is very

Transcripts For BBCNEWS BBC News at One 20240706

in december as shoppers cut back on their christmas shopping. ten more days of strike action is announced by ambulance workers in england, wales and northern ireland. one of the dates will coincide with a strike by nurses. the first of 20,000 defibrillators that could save the life of a child having a heart attack are sent to schools in england. it s a space odyssey like no other to the outer solar system. scientists prepare to explore the moons ofjupiter. and coming up on the bbc news channel, british number one cameron norrie is out of the australian open where he s never reached the fourth round, beaten by world number 71jiri lehecka. good afternoon and welcome to the news at one. the ukrainian president, volodomyr zelensky, has appeared via videolink to make a direct appeal for tanks at a meeting of western defence chiefs in germany. representatives from more than 50 countries are attending the gathering to coordinate stronger military support for kyiv. he called on the a

Transcripts For BBCNEWS BBC News 20240706

we want it? now! more strike action is announced by ambulance workers in england, wales and northern ireland one of the dates will coincide with a strike by nurses. the family of 17 year old yousef makki, who was fatally stabbed, win their fight to have a fresh inquest into his death. a surprise fall in the amount spent by shoppers in december, as people cut back on their christmas spending. #it # it would be, it would be so nice. and fans are paying up to £1,300 to see madonna on her career spanning greatest hits tour. good afternoon and welcome to the bbc news channel. ukraine s western allies have failed to reach a consensus on the provision of battle tanks to kyiv. more than 50 countries have been meeting at the us air base in germany. neitherthe meeting at the us air base in germany. neither the us or germany have decided to deliver their respective advanced tanks, which was one of kyiv s main demands. earlier today, volodymyr zelensky appeared via video link to make

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