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Transcripts For BBCNEWS World Business Report 20240707

this is the business stories from around the world, and i will try and pronounce that correctly in a let s start with a stark warning from the governor of the bank of england. andrew bailey has warned the uk and many other countries are facing apocalyptic food prices, due to supply problems caused by the war in ukraine. bailey warned inflation could hit 10% by the autumn, well above the central bank s 2% target. uk inflation is currently at 7%, which is its highest level in 30 years. another sign of the rising cost of living was shown at petrol pumps yesterday, with one litre of diesel costing £1.80, which is a record high. joining me now is swetha ramachandran, an investment manager at gam investments. thank you for being with us, we know that rising prices are a huge problem, but it really did underlinejust how bad huge problem, but it really did underline just how bad this could get without warning from the bank of england just yesterday. yes, indeed, and there are lots o

Transcripts For BBCNEWS Newsnight 20240703

How, why, can someone wielding a sword run amok in a North East London suburb, killing a 14 year old reportedly on his way to school . Well talk to this mum, whose16 year old son was killed by teenagers who bought swords and a machete on the internet. Shes campaigning for a ban on the online sale of them. Also tonight who will win the battle for the West Midlands mayoralty . Polls suggest its soooo close between the conservatives and labour. How will the outcome affect the fortunes of the Prime Minister and labour leader over the coming months . On newsnight tonight, we have polling guru professor sirjohn curtice, claire ainslie, who was keir starmer s policy director, and Ben Riley Smith from the telegraph, who knows about the plotting going on in the tory party. Plus, rememberthis from two years ago . The brexit Opportuities Minister explaining why he had delayed bringing in post brexit checks here in the uk. This would have been an Act Of Self Harm if we had gone ahead with it. It w

Transcripts For BBCNEWS BBC 20240703

the installation of new security scanners in airports has been delayed by up to a year. it means that passengers will still need to remove liquids and laptops out of hand luggage this summer, and potentially for another 12 months. our transport correspondent katy austin explains. rail embankment slipping away, track buckling in the heat. it all adds up to destruction, including the train passengers. it is network male network rail s passengers. it is network male network rail sjob. passengers. it is network male network rail s job. . . passengers. it is network male network rail s job. .. network rail s “ob. .. every system that ou network rail s “ob. .. every system that you network rail s job. .. every system that you are looking network rail s job. .. every system that you are looking at network rail s job. .. every system that you are looking at is - network rail s job. .. every system that you are looking at is affected l that you are looking at is a

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