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Transcripts For BBCNEWS World 20240706

rates are expected to rise from 4.25% to 4.5% as the bank of england tries to rein in soaring inflation. inflation is still running at over 10% and at a as year high, largely driven by soaring food and energy prices. the bank rate is already at its highest level for m years, and further increases will pile more pain onto borrowers, particularly homeowners through higher mortgage rates. let s look ahead now with azad zangana, senior european economist & strategist, schroders. this deal we will get in half an hour but it feels done and are priced n. it hour but it feels done and are riced n. , hour but it feels done and are priced n- hour but it feels done and are ricedn. ,, , . ,. priced n. it is pretty much expected end has been priced n. it is pretty much expected end has been flagged priced n. it is pretty much expected end has been flagged for priced n. it is pretty much expected end has been flagged for some - priced n. it is pretty much expected | end has been fla

Transcripts for BBCNEWS World Business Report 20240604 10:33:00

know you will stick around - of its hike. good to talk to you, i know you will stick around for i of its hike. good to talk to you, i know you will stick around for us i of its hike. good to talk to you, i i know you will stick around for us on the bbc and there will be special coverage live at midday for those of you watching in the uk. we ve been talking a lot about the boom in al, alongside the warnings from industry veterans about its potential dangers. but firms around the world are still racing to use more ai in their own businesses. google is introducing al to its apps, including its search engine, in response to microsoft s move to integrate the technology into bing. so have the ai wars really kicked off? our north america technology reporterjames clayton is in california. well, this is google s big tech annualjamboree. it s google s opportunity to burnish its artificial

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