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Transcripts for BBCNEWS Verified Live 20240604 15:40:00

to retain facebook users. the social media giant is attempting to retain professional users and gain an edge over rival x, formerly twitter and help threads gainbroader acceptance among big business users, like brands and company accounts. threads, racked up 100 million sign ups within five days of itsjuly launch, has seen its popularity wane as users returned to x after the initial rush. bosses at britain s biggest companies saw their pay rise by almost 16% on average last the bank of england has sounded an alarm over corporate debt, warning that high interest rates are putting pressure on uk companies. in analysis published on the central bank s website, the boe warned warned that debt stresses could rise to levels not seen since the global financial crisis, and could force some companies to default on their debt repayments. around the world and across the uk. this is bbc news. the new yam festival is marked in a big way. the new yam festival is marked in a bi wa . ., ., the new yam

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