Stay updated with breaking news from Borrowing 1a. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
We start here in the uk, where figures out earlier show the uk economy grew by 0. 2 between april and june following a rebound from an extra bank holiday for the kings coronation. Growth injune alone was stronger than expected at 0. 5 . High inflation remains a problem. The Bank Of England has raised the cost of borrowing 1a times since the end of 2021 to try and rein in soaring prices. So where is the Economy Heading . Were nowjoined by victoria scholar, who is the head of investment at interactive investor. Lovely for tojoin us lovely for to join us here on the programme. Not. 2 . Essentially, thatis programme. Not. 2 . Essentially, that is stagnation, isnt it . Actually, these figures are a bit better than analysts were expecting, both in the Second Quarter and in june we saw particular strength in the construction. ....
At a near standstill since the beginning of the year. The Bank Of England has raised the cost of borrowing 1a times since the end of 2021 to try and rein in soaring prices. That has weighed on the economy, but experts have warned the full effect of those Interest Rises has yet to be felt. Emma vardy reports from morecambe in the north of england. Rowing is a delicate art. A bit like managing economy. A year of slow growth, business is feeling the pressure from rising costs, means as no surprise that many are feeling cautious about their ambitions were branching out. We cautious about their ambitions were branching out. Were branching out. We have struggled were branching out. We have struggled to were branching out. We have struggled to try were branching out. We have struggled to try to were branching out. We have struggled to try to work were branching out. We have struggl ....
Behind me now. The road is now open again. It was closed for the kings on arrival at the senate but things are now up and running as that speech has wrapped up. Some of those big key themes around unity, of course, between the uk and france. That shared history, shared history of democracy, and fighting for democracy, and that fight are still ongoing today. Also around Climate Change, one of the kings are big priorities, we were wondering, many speculated perhaps about whether we would hear so much on that issue, given the comments from the uk government yesterday about delaying some of their greener commitments, but no, that was in the speech, as well, as well as Fund References to his late mother and his own personal relationship with france, as well. As you mentioned, he spoke in english and in french. Lets take a listen to some of it now. Translation listen to some of it ....
At a near standstill since the beginning of the year. the bank of england has raised the cost of borrowing 1a times since the end of 2021 to try and rein in soaring prices. that has weighed on the economy, but experts have warned the full effect of those interest rises has yet to be felt. emma vardy reports from morecambe in the north of england. rowing is a delicate art. a bit like managing economy. a year of slow growth, business is feeling the pressure from rising costs, means as no surprise that many are feeling cautious about their ambitions were branching out. we cautious about their ambitions were branching out. were branching out. we have struggled were branching out. we have struggled to were branching out. we have struggled to try were branching out. we have struggled to try to were branching out. we have struggled to try to work - were branching out. we have struggled to try to work out i were branching out. we have| struggled to try to work out a rationale for expa ....
We start here in the uk, where figures out earlier show the uk economy grew by 0.2% between april and june following a rebound from an extra bank holiday for the king s coronation. growth injune alone was stronger than expected at 0.5%. high inflation remains a problem. the bank of england has raised the cost of borrowing 1a times since the end of 2021 to try and rein in soaring prices. so where is the economy heading? we re nowjoined by victoria scholar, who is the head of investment at interactive investor. lovely for tojoin us lovely for to join us here on the programme. not .2%. essentially, thatis ....