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Transcripts For BBCNEWS World 20240704

We heard that average uk wages were rising at their fastest pace in 20 years. Katharine neiss is chief european economist at pgim fixed income. Thanks very much for being with us today, katharine neiss. So clearly welcomed news that inflation has fallen to this point. Still quite far off the Bank Of Englands target, though. Is everything going to plan or as we had expected . 50. To plan or as we had expected . So, toda s to plan or as we had expected . So, todays data to plan or as we had expected . Srr, todays data are to plan or as we had expected . S57, todays data are not to plan or as we had expected . S513, todays data are not a to plan or as we had expected . Sr3, todays data are not a surprise. It is encouraging, as you say, that Headline Inflation is coming down. No doubt uk consumers will be relieved to see that
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Transcripts For BBCNEWS World 20240704

England decide what to do with Interest Rates. The current uk base rate 5. 25 . But after we found out that wages, on average, are rising at their fastest level now in 20 years, could we see another rise in september. Joining me now is kallum pickering, whos the Senior Economist at berenberg bank. With your predictions, what are you thinking you will see here today . I you thinking you will see here toda . ~ , today . I think we might be surprised today . I think we might be surprised a today . I think we might be surprised a little today . I think we might be surprised a little to today . I think we might be surprised a little to the surprised a little to the upside but it not should not make much of a difference, the Bank Of England expecting 6. 8, markets expecting 6. 7, if it came at 6. 9 i would not be surprised b ....

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Transcripts for BBCNEWS World Business Report 20240604 04:48:00

All interesting stuff. thank you very much for your time. during the pandemic, it s fair to say dress codes became a little more relaxed. the humble business suit was often replaced by leisurewear or even pyjamas. come on, we all did it! but once restrictions were lifted, a renewed interest in classic dressing has seen sales of suits and formal jackets take off. and now, sales of bespoke handmade suits are back at pre pandemic levels. we sent anders edenholm to investigate on london s classic menswear street. introducing the best stressed street in the world. several room was founded by henry for years after the battle of waterloo. years after the battle of waterloo. g . , ,, ., waterloo. my name is simon, i m the managing waterloo. my name is simon, i m the managing director waterloo. my name is simon, i m the managing director of- waterloo. my name is simon, i m the managing director of henry i the managing director of henry paul and the managing director of henry paul and ....

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Transcripts for BBCNEWS World Business Report 20240604 13:40:00

In classic dressing. we sent anders edenholm to investigate on london s classic menswear street. newsreel: introducing the best dressed street in the world. savile row was founded here by and most famous tailor of them all, mr henry poole, a few years after the battle of waterloo. my name is simon cundey. i am owner and managing director of henry poole & co here at 15, savile row. this year we are looking at certainly a good start in the year for the first half. we are going to see, perhaps, a little change, i am sure, as the pent up demand is declining a little bit, shall we say? but nevertheless, people are aspiring to buy something really special for them. and it is a similar story further down the row. when we look at the figures from pre pandemic, i have to think with open arms and think and say, yes, it is very much back there and improved from pre pandemic. which, i have to say, is rather heartening. but despite this, last year the uk s national statistics agency removed the m ....

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