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Transcripts For BBCNEWS Verified 20240704

The new campaign is on monday against Manchester United. It boosted gary oneills standing in the game and i think wolves have decided thats the way to go. Its interesting because in recent times, we especially samco, wolves have gone down the managerial group. Santo. Now theyre finally going to have an english guy in charge which will be interesting to see how it goes. So, wolves have been quiet in the transfer market, but it appears that west ham are the opposite today. Theyve agreed fees for both southampton captainjames ward prowse and Manchester United defender harry maguire. The England International had slipped down the Pecking Order at old trafford under erik ten hag, who took the captaincy off maguire at the start of preseason. West ham have had a £30 million offer accepted. Its not thought personal terms will be a problem, although they havent yet been agreed. While ward prowse will also cost west ham around £30 million. Hes started the championship season with southampton,

Transcripts For BBCNEWS Verified 20240704

In the 90s and early 00s. Now this comes hot on the heels of disappointing china trade data on tuesday showing exports sank at their fastest rate since the pandemic. Global demand for chinese made goods is falling, down more 14 in the year tojuly. But domestic demand is down too with imports also falling by more than 12 in the same period. Earlier, i spoke to janet mui, whos the head of Market Analysis at rbc brewin dolphin, and she explained where the deflation was coming from. Deflation data, basically mostly coming from food prices and also commodities prices like raw materials, energy, etc. Actually, if you look at the underlying inflation, things like services, things like tourism, leisure, hotels, actually they are up. The Core Inflation is up from 0. 4 to 0. 8 , but obviously its still pretty muted. So overall, i think it is a concern that china prices are contracting and it could be lasting for a while as well. How likely do you think it is, though, that china is going to be

Transcripts for BBCNEWS Verified Live 20240604 15:43:00

of a cost of living crisis, prices rising faster than people are used to and that is now being compounded by the cost of money itself. 2.2 million families took out loans to pay for essentials. they are now exposed to these rising interest rates. ., ., , , , exposed to these rising interest rates. ., ., , , rates. london suffers any different wa to the rates. london suffers any different way to the rest rates. london suffers any different way to the rest of rates. london suffers any different way to the rest of the rates. london suffers any different way to the rest of the country. - rates. london suffers any different way to the rest of the country. the way to the rest of the country. the way that london is impacted shows a disparity between the south and the north. ., , ., disparity between the south and the north. . , ., , ., ., north. that is right, that is how a lot of these north. that is right, that is how a lot of these inequalities - lot of these inequalities crystall

Transcripts for BBCNEWS Verified Live 20240604 15:44:00

decreases in pay. let struggling with big real-time decreases in pay. struggling with big real-time decreases in pay. let me ask you this, he said decreases in pay. let me ask you this, he said earlier decreases in pay. let me ask you this, he said earlier the - decreases in pay. let me ask you this, he said earlier the uk - decreases in pay. let me ask you this, he said earlier the uk are i this, he said earlier the uk are slower than other countries at recovering from what has happened. from the economic downward trajectory we have seen globally. why is that? i trajectory we have seen globally. why is that? why is that? i think a number of reasons. why is that? i think a number of reasons- i why is that? i think a number of reasons. i think why is that? i think a number of reasons. i think part why is that? i think a number of reasons. i think part of - why is that? i think a number of reasons. i think part of visit - why is that? i think a number of reasons. i think part o

Transcripts for BBCNEWS Verified Live 20240604 16:39:00

are used to, and that is now being compounded by the cost of money itself. so, 2.2 million families took out loans to pay for essentials. they re now really exposed to these rising interest rates. of course, london suffers any different way to the rest of the country. the way that london is impacted shows a disparity between the south and the north, really. that s right, and that s how a lot of these inequalities crystallise. and when economies struggle, it tends to be regions outside of london that struggled the most. it s also worth noticing that there are big disparities within regions as well. if we look at the data, if you look at london, it s the finance sector and professional it services and scientific services that are doing well, but retail and hospitality in the capital are struggling with big real time decreases in pay. let me ask you this.

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