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BBCNEWS BBC News Now June 4, 2024 13:30:15

Transcripts for BBCNEWS BBC News Now 20240604 13:30:15
archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.

Interest Rates , United Kingdom , Business Activity , Bank Of England , World Business Report , Ben Thompson , Pmi Figures , Activity In August ,

BBCNEWS Verified Live June 4, 2024 15:31:00

Economic activity in august, as higher interest rates hit demand. for the first time this year, uk pmi figures fell below the benchmark 50, which indicates a contraction. last month s purchasing managers index, a measure of the health of the economy, was 10.9. the figure was well below the 50.3 economists had forecast. faltering activity in the uk was mirrored in the eurozone, where the index fell to a 33 month low of a7. both figures will be looked closely by bank of england and ecb policymakers ahead of their next interest rate decisions. chris williamson from s&p global told me britain is likely to head into a downturn. the figures are consistent with the economy contracting midway through the third quarter. we ve seen a nice growth resumption in the spring after the problems of last autumn with the truss budget and so forth, ....

Interest Rates , Pmi Figures , Purchasing Managers , Activity In August , Bank Of England , 450 3 , 10 9 , Economy Contracting , Interest Rate Decisions , Me Britain , Chris Williamson , S P Global , Truss Budget ,

BBCNEWS World Business Report June 4, 2024 13:30:15

Transcripts for BBCNEWS World Business Report 20240604 13:30:15
archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.

Bank Of England , Interest Rates , Business Activity , World Business Report , Ben Thompson , Pmi Figures , Activity In August ,